The Austin metropolitan area added 13,900 jobs in the past year, giving it a spot in the top 10 best performing metro areas, according to information from the Texas Workforce Commission and the U.S. Bureau of Labor Statistics (BLS).
The metropolitan region of Austin-Round Rock-San Marcos, which has been heralded as a recession-proof economy, showed some slower year-over-year job growth compared to that seen in the second half of 2010.
Change hit a recovery period low of 1.3% in December, but inched up in January to 1.6%, again in February at 1.7% and again in March at 1.8%, signaling significant improvement. The improvement gave Austin a “best performing among top 50 metro areas” top 10 ranking for year-over-year job growth ending in March, landing at eighth.
Telecommunications jobs in the Austin area held at a preliminary 5,000 for March, also showing a slight decline from 5,100 jobs one year ago.
The related industries of computers and electronic product manufacturing had 23,400 jobs, down 300 from last year, while computer and peripheral equipment manufacturing showed 7,400 positions, down 200 from last year. The semiconductor industry is growing in Austin, likely due to the expansion of Samsung in north Austin. Positions totaled 11,800 jobs, up 500 from March 2010.
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