AUSTIN JOB POSTINGS REPORT MARCH 2019

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AUSTIN - ROUND ROCK - SAN MARCOS MSA
(FEBRUARY 14, 2019 to MARCH 13, 2019)
austinchamber.com/jobpostings

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INSIGHTS

• Job Postings measured in this report refers to the employers who are actively advertising online, it is not a representation of Job Openings, which measures all positions that are open (not filled) on the last business day of the month.
  
• Austin added 23,800 net new jobs in the 12 months ending in February, making Austin the 11th fastest growing major metro.
  
• There were approximately 46,000 Available Job Postings during the March 2019 monthly reporting period, about 1,300 less postings when compared to March 2018.
  
• 19 percent or about 8,200 of the Available Job Postings during the March reporting period fell under Computer and Mathematical Occupations, which also had the largest year-to-year increase in postings. Management Occupations saw the second largest year-to-year increase as more employers are posting for more experienced talent, followed by Food Preparation and Serving Related Occupations and Education, Training, and Library Occupations.
  
• Approximately 32 percent or about 14,800 of Available Job Postings are New (First-time) Job Postings with Management Occupations leading in this category, followed by Computer and Mathematical Occupations. More employers placed a greater demand for Management Occupations this month when compared to previous months.
  
• According to the Texas Workforce Commission, the Austin MSA reported an unemployment rate of 3.0% or 36,500 unemployed in February 2019, a decrease of 3,700 unemployed people when compared to the previous month. The unemployment rate was 3.3% or 40,200 unemployed in January 2019. The current civilian labor force for the Austin MSA is 1,216,600, an increase of 23,900 into our regions' labor force, when compared to the same time last year.
  
• 35 percent or 16,300 of all Available Job Postings pay an annual median wage of between $30,000 to $65,000 in the Austin MSA for March 2019. Of the 16,300 posted jobs in this category, 20 percent or about 3,200 would require more than a high school diploma but less than a bachelor's degree while 61 percent or 10,000 would require a high school diploma or less. There are about 270 apprenticeship positions available for in this pay range and are mostly for Electricians, Plumbers-Pipefitters, and Steamfitters, and Carpenters. The top 10 posted occupations or approximately 6,300 postings, in this annual median wage range of $30,000 to $65,000 category, all require an entry level education of less than an associate's degree.
  
• More jobs ahead. Companies have recently announced new location or expansion plans in the Austin MSA, representing almost 1,950 jobs. The expansion list includes WeWork, Rosendin Electric, OJO Labs, MAP Health Management, LJA Engineering, Katerra, Digital Pharmacist, Data.world, CesiumAstro, Amazon and Adlucent. Employers such as Vertebrae (Santa Monica, CA), Skaled (New York, NY), GetUpside (Washington, DC), ENF Technology, (Giheung-gu, South Korea), Bright Health (Washington, DC), Axiom Memory Solutions (Irvine, CA), Adthena (London, UK) and Acutronic Aerospace Components Division (Pittsburgh, PA) are the companies that have announced new location plans in Austin.

TRAVIS COUNTY: The Austin MSA is made up of Bastrop, Caldwell, Hays, Travis and Williamson counties. Travis County is the fifth most populous county in Texas and its county seat is Austin.

• The region's Master Community Workforce Plan's top-line target is to ensure that in the five years between 2017-2021, an additional 1,800-plus Austin residents currently in poverty receive training, credentialing, and are placed in jobs paying at least $40,000 in technology, healthcare and skilled trades.
  
• 60 percent of the approximate 17,200 unemployment insurance (UI) claimants in FY 2018 that are actively seeking a job in Travis County have less than an associate's degree, according to Workforce Solutions Capital Area.
  
• According to the Travis County Poverty Brief, the American Community Survey 2012-2016 data shows that 32 percent or 355,874 of Travis County residents live in households with an income under 200% of the poverty threshold.

The following job market report is designed to provide insight into current employer demands, skills and occupations in the Austin MSA.

TOP JOB POSTINGS

The chart and table below list the available unique ads in major occupation groups from February 14, 2019, to March 13, 2019, a mid-monthly timeframe closely associated with federal jobs numbers.

Source: The Conference Board Help Wanted OnLine ® (HWOL)

MONTHLY AD TRENDS

The line chart below shows the monthly total volume of online ads posted in the Austin-Round Rock-San Marcos MSA from March 2015 through March 2019.

Source: The Conference Board Help Wanted OnLine ® (HWOL)

Note: The data for March 2019 would be the sum of all posted ads from February 14, 2019 to March 13, 2019. This reference period is aligned to the Bureau of Labor Statistics (BLS) unemployment job search time period to provide a more accurate comparison of labor supply and labor demand.

TOP 20 JOB POSTINGS

The chart below lists the top 20 unique Available Job Postings in the Austin–Round Rock–San Marcos MSA from February 14, 2019, to March 13, 2019.

Source: The Conference Board Help Wanted OnLine ® (HWOL) and Bureau of Labor Statistics, May 2017

Software Developers-Applications, Marketing Managers, Computer and Information Systems Managers, Sales Managers and Market Research Analysts and Marketing Specialists saw a 100 or more increase in year-to-year postings.

TOP 20 TECH JOB POSTINGS

The chart below lists the top 20 unique Available Job Postings for Computer and Mathematical Occupations in the Austin–Round Rock–San Marcos MSA from February 14, 2019 to March 13, 2019.

Source: The Conference Board Help Wanted OnLine ® (HWOL) and Bureau of Labor Statistics, May 2017

Occupations that had a 800 or more increase in year-to-year Available Job Postings were Software Developers-Applications. Companies that have posted a year-to-year increase of 35 or more jobs under this occupational category in our region are DELL, NTT Data, Inc., CACI International, Whole Foods Market, Amazon.com Services, PricewaterhouseCoopers, Adobe Systems Incorporated, Cisco, Indotronix International Corp., Q2 Software and Apple, Inc..

It remains easier to hire for Computer and Mathematical Occupations in Austin than nationwide and in other peer cities.

Source: Gartner®

The Hiring Scale views the difficulty-to-fill indicator on market conditions. It calculates a score for each position that the employer is trying to fill. Several factors affect the hiring scale score that includes the supply of available candidates, the overall demand for employers for people in the position, the location, the occupation, local unemployment rates, job site source, offered pay level, etc. The Hiring Scale scores jobs from 1 to 99 based on their projected difficulty-to-recruit.

TOP 20 HEALTHCARE JOB POSTINGS

The chart below lists the top 20 unique Available Job Postings for Healthcare Practitioners and Technical Occupations in the Austin–Round Rock–San Marcos MSA from February 14, 2019 to March 13, 2019.

Source: The Conference Board Help Wanted OnLine ® (HWOL) and Bureau of Labor Statistics, May 2017

Healthcare occupations such as Physicians and Surgeons, All Others saw a year-to-year increase of 20 or more Available Job Postings.

Dell Children's Medical Center of Texas, Universal Health Services, Aveanna Healthcare and Baylor Scott & White Health were the companies that saw a year-to-year increase of 40 or more Available Job Postings.

Austin is competitive in hiring for Healthcare Practitioners and Technical Occupations.

Source: Gartner®

TYPICAL EDUCATION NEEDED FOR ENTRY INTO JOBS THAT PAY AN ANNUAL MEDIAN WAGE BETWEEN $30,000 TO $65,000

Source: The Conference Board Help Wanted OnLine ® (HWOL), Bureau of Labor Statistics and Texas Workforce Commission's JOBS Y'ALL

This chart shows the Top 5 Most Posted Occupations associated the respective Typical Education Needed for Entry into the occupation.

TOP HARD SKILLS IN DEMAND

The table below lists the top hard skills in demand for the Available Job Postings in the Austin–Round Rock–San Marcos MSA from February 14, 2019 to March 13, 2019.

Source: Gartner®

Skills in Demand provides a real-time view of skills in demand by employers. For example, of the Available Job Postings from February 14, 2019 to March 13, 2019, 3,915 job postings required “Microsoft PowerPoint” as a skill and 30% or more of those 3,915 job postings also had other required/optional skill(s) such as “Microsoft Office".

Hard skills that have seen an increase of 600 or more year-to-year job postings are Microsoft PowerPoint, Software Development, Python, Java, Microsoft Office, Amazon Web Services (AWS), Software as a Service (SaaS), Machine Learning Techniques, JavaScript (JS), Agile Software Development and Structured Query Language (SQL). Hard skills such as Tractor-Trailers, Kubernetes, Microsoft PowerPoint, Machine Learning Techniques, Artificial Intelligence and Data Science saw the largest year-to-year percentage increases.

TOP CERTIFICATIONS IN DEMAND

The table below lists the top certifications in demand for the Available Job Postings in the Austin–Round Rock–San Marcos MSA from February 14, 2019 to March 13, 2019.

Source: Gartner®

Certifications in Demand provides a real-time view of certifications in demand by employers. For example, of the Available Job Postings from February 14, 2019 to March 13, 2019, 2,633 job postings required “Certified Registered Nurse (RNC)” as a certification and 30% or more of those 2,633 job postings also had other required/optional certification(s) such as “Basic Life Support (BLS)”.

Certifications that saw an increase of 150 or more year-to-year job postings are Class A Commercial Drivers License (CDL A), Commercial Driver's License (CDL), Neonatal Intensive Care Unit (NICU), Neonatal Intensive Care Unit (NICU), Patient Care Technician (PCT), HAZMAT, Certified Nursing Assistant (CNA), First Aid Certification, DOT Medical Card, Basic Cardiac Life Support (BCLS), Licensed Vocational Nurse (LVN), Food Safety Programs (HACCP) and Transportation Worker Identification Credential (TWIC).

TOP EMPLOYERS

The table below lists the direct employers in the Austin-Round Rock-San Marcos MSA that posted available unique ads from February 14, 2019 to March 13, 2019.

Source: The Conference Board Help Wanted OnLine ® (HWOL)

Compass Group, DELL, Omni Hotels, Taco Cabana, IDEA Public Schools, Allied Universal, Texas State University, Hyatt, Visa, PricewaterhouseCoopers and Macy's are the companies that have seen a year-to-year increase of more than 100 in job postings.

Source: The Conference Board Help Wanted OnLine ® (HWOL) Program (with data collection by Wanted Technologies) Top