Jul 19, 2022 | In the News
Unemployment in the Austin-Round Rock region sits at 2.7 percent—on par with pre-pandemic levels. As a result, many industries are struggling to fill job vacancies. Now employers are trying to lure new workers with incentives, higher pay, and sign-on bonuses....
Jul 13, 2022 | In the News
It’s a long-time trend that tech workers earn salaries that double or even triple the average salary of other workers in the area, and Austin is no exception. Austin techies are averaging $150,026 annually compared to $78,224 for all other industries. It’s following a...
Jul 12, 2022 | In the News
The labor market across the country has changed significantly since 2020, leaving employers struggling to fill roles and retain employees as businesses compete for talent. A new Texas Workforce Commission report out this month found the unemployment rate in Austin is...
Jun 29, 2022 | In the News
A shortage of skilled workers continues to strain Austin’s economy but industry leaders see a path that could benefit both businesses and students and allow Central Texas to continue its rapid growth. Workforce Solutions Capital Area, a nonprofit workforce development...
Jun 26, 2022 | In the News
Coordinating among entities that supply workers can be daunting. However, Austin is one of the metropolitan areas that is doing this well – and the city’s success can be an example for other communities looking to shore up their economic futures in the heartland and...
Jun 19, 2022 | In the News
With Austin’s unemployment rate reaching lows since the pandemic, the scramble to fill jobs at all levels reaching new highs. The region’s unemployment rate currently stands at 2.7%, putting workers in the driver’s seat and pressuring thoseh iring to...