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Austin Texas Mortgage & Refinance

Austin one of the best job markets

Austin comes in 8th in the list of the best job markets in the nation:

Austin, the third Texas metro to crack the top 10, is definitely on the rise. It has been consistently strong as of late, adding 69,000 jobs since 2004, the equivalent of 1,900 per month. And its unemployment rate has slimmed nicely from 4.6 percent in mid-2006 to 3.8 percent now.

Quick stats

Private-sector jobs as of mid-2007: 592,100

Unemployment rate as of mid-2007: 3.8%

Private-sector trend since mid-2002: Added 74,300 jobs

Five-year growth rate: 14.3%

Private-sector trend since mid-2006: Added 20,900 jobs

One-year growth rate: 3.7%”

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