Economy | News | Real Estate

Austin Job Market Best in US

Read time: < 1 minute

A recent study by Manpower Employment Outlook Survey ranked Austin the city with the 5th healthiest employment outlooks. One attribute that helps Austin’s prosperous job predictions is its ability to continue to attract businesses. Businesses favor Austin for its climate and talent pool but also because they can take advantage of not paying a state income tax. With businesses relocating to and opening in Austin, Austin continues to add fresh new jobs on the market giving homeowners plenty of confidence that the housing market will remain stable since foreclosures due to job loss will not be a threat.

While the nation is still working towards adding jobs with a national unemployment rate of 9.1 percent, Texas is making headway. Texas ranked 3rd on the list of healthy employment outlooks with an unemployment rate of 8.5 percent and Austin is helping a lot.

In August, Austin’s unemployment rate dropped down to 7.3 percent due to Austin-area employers which added about 5,600 jobs to the Austin job market. Industries that added new jobs in August included professional and business services, government, hospitality, retail, health care, manufacturing and construction.

Related links

Leave a Comment

Related Posts

None found


Are you looking for the most up-to-date and easy-to-use home search website in Austin? You’re in the right place! Explore, Austin’s #1 home search website. Check out the full home search video on IGTV or use the #RAlinkinbio. Find your next home today! 🏘️ 💻 📱 #realtyaustin #makethemove #austinrealestate⁠⠀ ...

@foundationcommunities is on a mission to end the affordable housing crisis that many Austin residents face, now more than ever. Realty Austin, Co-Owner, @yvetteboatwright sits down with Foundation Communities CEO, Walter Moreau to discuss the program's community initiatives to provide safe affordable housing while enhancing the quality of life for the community members in need. Get involved and watch the full interview using the #RAlinkinbio ❤️ 🏡 #ouraustinpledge #realtyaustin #foundationcommunnities #affordablehousing ...

Realty Austin is honored to be ranked #3 on the Austin American-Statesman‘s 2020 @topworkplaces of Greater Austin list! 🏆🎉 Rated in areas of leadership, ethics, values, and treatment of employees, we are proud to be on this list for the ninth year in a row. Check out the #RALinkInBio to learn more about why Realty Austin is consistently voted a Top Workplace! #topworkplaces #realtyaustin #realtyawesome ...

This error message is only visible to WordPress admins

Error: API requests are being delayed. New posts will not be retrieved for at least 5 minutes.

Pin It on Pinterest