The Austin area added 23,800 jobs between September 2011 and the same month this year, according to an analysis of the latest data for all 102 markets with more than 500,000 residents.
The 3.8 percent gain ranks the area No. 18 in the nation, the Business Journal?s On Numbers reports.
So I often hear that Austin is a "bubble" as the rest of the economy is suffering. But Austin is only #18 on that job creation basis for major metropolitan areas.? Interestingly, New York City added quite a few jobs, which I wouldn't have expected from what I read in the news:
New York City posted the largest increase in raw numbers, gaining 143,000 jobs, followed by Houston with 97,800, Los Angeles with 95,600, Seattle with 55,200 and Boston with 53,000.
On a related note, I'm looking forward to the next Angelou Economics forecast for Austin, and to see the recap as to how well their predictions held up over the last 2 years.