Austin Is A Top 5 Job Market

Downtown AustinAccording to a recent survey by Manpower, a staffing and research agency, the Austin area has the fifth best job outlook in the nation. The survey looked at numerous factors to determine their rankings, including hiring and layoff plans. The Austin Business Journal covered the Manpower survey results in a recent article.

PLANS TO GROW

Out of all the companies in the survey in our area, 71% indicated that they plan to maintain the current level of employment into the near future. 19% said that they plan to increase headcount and 8% plan to decrease the number of employees.  While this is not a landslide of labor growth, it does place us fifth in the nation for the outlook on future employment.  As a state Texas placed third in the nation on the same survey.

In the Austin area, companies within the utilities and transportation sectors indicate plans to shrink overall.  Industries with the most promising outlook include financial professions, manufacturing, wholesale and retail sales, and professional services. Oddly missing was the tech industry, which has made huge progress in our area in the past 10 years. Recently, we’ve seen large job announcements for customer service and sales roles, across various industries. Other job opportunities in our area we’ve noticed recently are software engineers, programmers, and other technical disciplines. 

For the original story in the Austin Business Journal, please click here.

 

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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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