AUSTIN JOB POSTINGS REPORT MAY 2018

AUSTIN - ROUND ROCK - SAN MARCOS MSA
(APRIL 14, 2018 to MAY 13, 2018)
austinchamber.com/jobpostings

(NOT FOR CITATION OR CIRCULATION WITHOUT PERMISSION)

INSIGHTS

• 8,500 or 20 percent of the Available Job Postings during the May reporting period fell under Computer and Mathematical Occupations and had the largest year-to-year increases in postings. The Management Occupations and Business and Financial Operations Occupations had significant increases in year-to-year postings. The increase in Management Occupations also highlights the increased need for experienced talent in our region.

• Approximately 44 percent or about 18,500 of job postings are New Job Postings with Computer and Mathematical Occupations, Management Occupations, Business and Financial Operations Occupations leading in this category.

• Five of the Top 20 posted occupations in the Computer and Mathematical Occupational group now pay an annual median wage of over $100,000: Software Developers, Applications, Information Security Analysts, Software Developers, Systems Software, Computer and Information Research Scientists and Computer Network Architects.

• 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 have an income under 200% of the poverty threshold. The Master Community Workforce Plan's top-line target is to ensure 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 between 2017-2021.

• More jobs ahead. Companies recently announced new location or expansion plans in the Austin MSA, representing about 3,300 plus jobs. The expansion list includes Vytalyx, Velocity Credit Union, Texas Concrete (Old Castle Materials), Ojo Labs, Intiva Health, Indeed, HanAra Software, EBQuickstart, Benchmark International and Ascension Seton. Employers such as Velocity Growth (Del Mar, CA), Infocyte (San Antonio, TX) and Charles Schwab (San Francisco,CA) are the companies that have announced new location plans in Austin.

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 April 14, 2018, to May 13, 2018, a mid-monthly timeframe closely associated with federal jobs numbers.

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

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

There were approximately 42,200 Available Job Postings during the May 2018 monthly reporting period, about 200 less postings when compared to May 2017.

8,500 or 20 percent of the Available Job Postings during the May reporting period fell under Computer and Mathematical Occupations and had the largest year-to-year increases in postings. The Management Occupations and Business and Financial Operations Occupations had significant increases in year-to-year postings. The increase in Management Occupations also highlights the increased need for experienced talent in our region.

The Major Occupational Groups that saw more than 200 year-to-year increases in Available Job Postings, when compared to May 2017, are Computer and Mathematical Occupations, Management Occupations, Business and Financial Operations Occupations and Architecture and Engineering Occupations. Approximately 44 percent or about 18,500 of job postings are New Job Postings with Computer and Mathematical Occupations, Management Occupations, Business and Financial Operations Occupations leading in this category.

Approximately 63% of unemployment insurance (UI) claimants 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 have an income under 200% of the poverty threshold. The Master Community Workforce Plan's top-line target is to ensure an additional 1,800 Austin residents currently in poverty receive training, credentialing, and are placed in jobs paying at least $40,000 in technology, healthcare and skilled trades between 2017-2021.

According to the Texas Workforce Commission, the Austin MSA reported an unemployment rate of 2.8% or 32,900 unemployed in May 2018, no change from the previous month. The unemployment rate was 3.0% or 34,400 back in May 2017. The current labor force for the Austin MSA is 1,188,900, an increase of 39,500 when compared to the same time last year.

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 May 2014 through May 2018.

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

Note: The data for May 2018 would be the sum of all posted ads from April 14, 2018, to May 13, 2018. 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.

In May 2018, approximately 44 percent or 18,500 of all job postings are New Job Postings, which has also seen a steady decrease over the years.

TOP 20 JOB POSTINGS

The chart below lists the top 20 unique available job postings in the Austin – Round Rock – San Marcos MSA from April 14, 2018, to May 13, 2018.

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

Software Developers, Applications, Marketing Managers, Managers, All Other, Market Research Analysts and Marketing Specialists, Heavy and Tractor-Trailer Truck Drivers, Lawyers, Software Developers, Systems Software, Combined Food Preparation and Serving Workers, Including Fast Food, Computer Programmers and Industrial Engineers saw a 80 or more increase in year-to-year postings.

TOP 20 JOB POSTINGS AND HIRING DIFFICULTY

The chart below lists the top 20 unique available job postings and its hiring difficulty in the Austin – Round Rock – San Marcos MSA from April 14, 2018, to May 13, 2018.

Source: Wanted Technologies and the Bureau of Labor Statistics

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 Score scores jobs from 1 to 99 based on their projected difficulty-to-recruit.

While the Hiring Difficulty is higher for occupations that require a Bachelor's degree with related work experience, there are occupations that require lower educational qualifications that are also harder-to-fill in our region such as First-Line Supervisors of Retail Sales Workers, Web Developers, Heavy and Tractor-Trailer Truck Drivers and First-Line Supervisors of Food Preparation and Serving Workers.

TOP 20 TECH JOB POSTINGS

The chart below lists the top 20 unique available job postings under Computer and Mathematical Occupations in the Austin – Round Rock – San Marcos MSA from April 14, 2018 to May 13, 2018.

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

Computer and Mathematical Occupations saw about 700 year-to-year increase in Available Job Postings. Software Developers, Applications saw the greatest share of the year-to-year increase in Available Job Postings, followed by Software Developers, Systems Software, Computer Programmers, Information Security Analysts and Computer Systems Enginners/Architects.

Companies that have posted 40 or more jobs under this occupational category are Visa, General Electric, Home Depot, Conduent and Perficient, Inc.

TOP 20 TECH JOB POSTINGS AND HIRING DIFFICULTY

The chart below lists the top 20 unique available job postings and its hiring difficulty under Computer and Mathematical Occupations in the Austin – Round Rock – San Marcos MSA from April 14, 2018 to May 13, 2018.

Source: Wanted Technologies and the Bureau of Labor Statistics

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.

Compared nationwide, the Austin-Round Rock-San Marcos MSA now has a lower hiring difficulty for Computer and Mathematical Occupations. The Washington-Arlington-Alexandria MSA, Atlanta-Sandy Springs-Roswell MSA, Dallas-Fort Worth-Arlington MSA, Boston-Cambridge-Newton MSA, Chicago-Naperville-Elgin MSA, Philadelphia-Camden-Wilmington MSA and the Denver-Aurora-Lakewood MSA have a higher hiring difficulty in this occupational category when compared to the Austin-Round Rock-San Marcos MSA.

TOP 20 HEALTHCARE JOB POSTINGS

The chart below lists the top 20 unique available job postings under Healthcare Practitioners and Technical Occupations in the Austin – Round Rock – San Marcos MSA from April 14, 2018 to May 13, 2018.

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

Psychiatric Technicians, Diagnostic Medical Sonographers and Nurse Practitioners saw the largest increase in Available Job Postings.

South Austin Medical Clinic PA, Universal Health Services, Baylor Scott & White, Walgreens, Community Health Systems, Inc., The University of Texas System and Aveanna Healthcare had an increase of 20 or more year-to-year Available Job Postings.

TOP 20 HEALTHCARE JOB POSTINGS AND HIRING DIFFICULTY

The chart below lists the top 20 unique available job postings and its hiring difficulty under Healthcare Practitioners and Technical Occupations in the Austin – Round Rock – San Marcos MSA from April 14, 2018 to May 13, 2018.

Source: Wanted Technologies and the Bureau of Labor Statistics

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 include 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.

Job postings in this category that require an associate's degree or less and are also difficult for employers to hire are Surgical Technologists.

TOP HARD SKILLS IN DEMAND

The table below lists the top hard skills in demand for the available jobs in the Austin – Round Rock – San Marcos MSA from April 14, 2018 to May 13, 2018.

Source: Wanted Technologies

Skills in Demand provides a real-time view of skills currently in demand by employers. For example, of the available jobs posted from April 14, 2018 to May 13, 2018, 2,686 job postings required “Java” as a skill and 30% or more of those 2,686 job postings also had other required/optional skill(s) such as “Python", Linux" and "JavaScript (JS)".

Hard skills that have seen an increase of 300 or more increase in year-to-year postings are Microsoft Office, Microsoft PowerPoint, Software Development, Application Development, Behavioral Health, Python, Amazon Web Services (AWS), Salesforce CRM SFDC, Customer Relationship Management (CRM), Cloud Computing, Customer Success, Microsoft Windows Azure, Public Accounting and Quality Assurance.

TOP CERTIFICATIONS IN DEMAND

The table below lists the top certifications in demand for the available jobs in the Austin – Round Rock – San Marcos MSA from April 14, 2018 to May 13, 2018.

Certifications in Demand provides a real-time view of certifications currently in demand by employers. For example, of the available job postings from April 14, 2018 to May 13, 2018, 2,759 job postings required “Certified Registered Nurse” as a certification and 30% or more of those 2,759 job postings also had other required/optional certification(s) such as “Basic Life Support (BLS)”.

Certifications that saw an increase of 150 or more postings are Class A Commercial Drivers License (CDL A), Security Clearance, Licensed Clinical Social Worker (LCSW), Petroleum Oriented Safety Training (POST) and Licensed Master Social Worker (LMSW).

TOP EMPLOYERS

The table below lists the employers in the Austin - Round Rock - San Marcos MSA that posted available unique ads from April 14, 2018 to May 13, 2018.

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

General Electric, The University of Texas System, Marriott, Whole Foods, Goodwill Industries, Target Corporation, DELL, Visa, Gold's Gym and Texas Education Agency are the companies that have seen an increase of more than 100 Available Job Postings year-to-year. For New Job Postings in May 2018, Goodwill Industries, General Electric, HCA-The Healthcare Company and Target Corporation saw a year-to-year increase of 80 or more postings.

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

Top