More Job News For Austin

Reports continue to show that Austin’s employment outlook is positive as more jobs are being created and more companies are bringing in additional jobs to the area.  Below are some of the recent highlights.

Austin added 18,200 jobs in the twelve month period ending October 31, 2010 as reported by the Texas Workforce Commission.  That equates to an increase of 2.4% in the past year. Raw job growth over the past month from September to October equalled 6,100 jobs. 

The state of Texas also performed well over the past year with a gain of 1.7% from October 2009 to October 2010.  By adding nearly 48,000 new jobs to the state in the past year, Texas had the largest raw payroll growth in the entire country and the third highest based on percentage gain behind only Washington D.C. and New Hampshire.  Thus, Texas outgained New York and California on raw job growth and on a percentage basis as reported by the U.S. Bureau of Labor Statistics.

SunPower to bring 450 jobs to Austin in the next four years.  This solar-power company based in California is being lured to Austin by the Texas Enterprise Fund and looks to bring various professional level jobs to the area. The incentive is based on a pledge for the company to hire 450 positions starting in 2011.  The company currently employs over 5,500 workers worldwide. The company plans to fill marketing, legal, and finance in the Austin office.

New Executive Airport To Open This Spring. While no specific job numbers have been announced as of yet, the new executive airstrip planned for just north of Manor will surely bring transportation and customer service positions as air traffic ramps up at the new facility. According to the story in the Austin American-Statesman, the new airstrip will expect somewhere around 20-50 take-offs and landings per day if their research into comparable facilities is accurate. With those arrivals and departures will come the need for ground services, technical expertise, mechanics, and customer service rolls.  The Austin Executive Airport, as early reports are now calling it, will service even the largest executive jets with its 6,025 foot long runway. The purpose is to provide an alternative to Austin Bergstrom International Airport by offering less expensive storage and fueling options.  The 22,000 square foot terminal will bring construction jobs, followed by service and ongoing personnel needs. 

If you know of any additional companies or large-scale development efforts that will be bringing jobs to Austin, please let us know by emailing us at info@missionmortgage.com.
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About missionmortgage

A full-service professional mortgage banker providing lending in Texas for over 25 years. Our main office is located at 901 S. Mopac Expwy, Barton Oaks V- Suite 120, Austin, TX 78746 with branches in Lakeway, Houston, and Sealy. Mission Mortgage has been ranked as a Top 10 Mortgage Company in Austin for the past 7 years (Austin Business Journal).
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2 Responses to More Job News For Austin

  1. Pingback: Austin Employment Up In October | Mission Mortgage of Texas, Inc.

  2. Pingback: Company Relocations to Austin in 2010 | Mission Mortgage of Texas, Inc.

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