Economy | News | Real Estate

Austin Ranks High For Next Best Recovering Job Market


Read time: < 1 minute

Austin ranked #14 on Businessweek’s Top 25 Next Job Markets To Recover list. Reports claim that Austin did well during the recession due to the abundance of education and government jobs. Austin, home to the University of Texas and State Capital of Austin, is one of the few cities that have helped to stabilize the economy. Here are the stats:

Last quarter Q3, the annualized job growth was down at only -1.4%. The projected annualized job growth for Q1 2010 is estimated at 1.2%. Austin recently had its first quarter of recovery in Q4. Austin’s unemployment rate is 7.3%, lower than the national double-digit average, 11%. The Austin Chamber of Commerce has a great write-up on this here.

Continue reading about the top 25 cities to recover next here.

If you’re interested in finding out more about Austin’s economy, leave us a note in the comments below. We take great care to answering our readers’ questions.

Related links

Leave a Comment

INSTAGRAM

Since opening its doors in 1990, Foundation Communities has helped over 6,000 families and individuals find a home and a better quality of life! Hear why the founder, Walter Moreau, gives back to Austin. 🏡❤️ #ouraustinpledge #keepaustinaffordable #austinlocal #foundationcommunities #keepaustinweird #affordablehousing ...

48 1

We're giving back to Austin in a big way this year! If you've got a place in your heart this holiday season and are looking for a way to make an impact within our community, please visit OurAustinPledge.com to partner with one of our Affordable Housing Pioneers or check out our Holiday Giving Guide. #OurAustinPledge #WorkHardPlayHardGiveBack #RealtyAustin #RealtyAwesome #GiveBack ...

31 2

Want to hear from the owners of Realty Austin on why they think it’s important to give back to the community? 🏡❤️
#OurAustinPledge #AustinLocal #WorkHardPlayHardGiveBack #KeepAustinAffordable
...

72 1

In honor of National Philanthropy Day, we proudly launch our We're for Here campaign! A call for community building, neighborliness & love, in support of finding affordable housing solutions for our Austin neighbors in need! Learn more & get involved at OurAustinPledge.com. .
.
.
.
.
#RealtyAustin #KeepAustinAffordable #WorkHardPlayHardGiveBack #RealtyAwesome #OurAustinPledge #AustinLocal
...

37 0

‘A Night in Bloom’ was a night to remember! On Friday, September 27th, Realty Austin celebrated their local, homegrown agents at the Four Seasons Hotel. We look forward to watching our agents continue to bloom in 2020! 🌸💐💫🥂🌹🌟🌺🌷
.
.
.
.
.
.

#HereYouGrow #BloomWhereYouArePlanted #NightinBloom #RealtyAustin #RealtyAwesome
...

44 0

Pin It on Pinterest