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Very Good News for Austin, Round Rock, Pflugerville - we rank 10th in Job Growth and real estate is moving! Homes are selling!

Tuesday, January 6, 2009, 11:25am CST

Austin ranks 10th in the U.S. in job creation

Austin Business Journal

The Austin area added 6,200 private-sector jobs in the 12-month period between November 2007 and November 2008—the 10th biggest gain in metro employment in the country—according to figures released Tuesday by the U.S. Bureau of Labor Statistics.

Texas is showing considerable resilience amid a crippled national economy. The two largest markets in the state—Houston and Dallas-Fort Worth—registered the nation’s biggest private-sector employment gains.

The Houston area added 42,400 jobs between November 2007 and November 2008, and Dallas-Fort Worth picked up 35,100. No other U.S. market gained more than 15,600 private-sector jobs during the 12-month period.

All four of Texas’ major metro areas ranked among the top 10 in job creation in the last year. San Antonio was No. 4 with 11,700 new jobs.

But the rest of the country isn’t faring nearly so well. Just one-fifth of the nation’s 100 largest metropolitan areas managed to add any jobs at all. Seventy-eight suffered losses, 21 posted increases, and one was unchanged.

Detroit was hit with the biggest loss of private-sector jobs, 67,700 in 12 months. November 2008 brought the 38th straight monthly decline for Detroit.

Four other markets lost more than 50,000 private-sector jobs during the past year: Atlanta, Los Angeles, Miami-Fort Lauderdale and Phoenix.

The following are the 100 biggest labor markets in America, ranked according to raw change in private-sector employment between November 2007 and November 2008:

1. Houston, up 42,400 jobs

2. Dallas-Fort Worth, up 35,100 jobs

3. Washington, up 15,600 jobs

4. San Antonio, up 11,700 jobs

5. Seattle, up 9,900 jobs

6. Virginia Beach-Norfolk, up 9,100 jobs

7. Oklahoma City, up 8,100 jobs

8. New Orleans, up 7,200 jobs

9. McAllen-Edinburg, Texas, up 6,700 jobs

10. Austin, up 6,200 jobs

11. Boston, up 4,600 jobs

11. Raleigh, up 4,600 jobs

13. El Paso, Texas, up 4,100 jobs

14. Hartford, up 3,600 jobs

15. Columbus, up 2,900 jobs

16. Baton Rouge, La., up 2,800 jobs

17. Bakersfield, Calif., up 2,000 jobs

18. Omaha, up 1,100 jobs

19. Youngstown, Ohio, up 500 jobs

20. New Haven, Conn., up 300 jobs

21. Des Moines, Iowa, up 200 jobs

22. Poughkeepsie, N.Y., no change

23. Greensboro, down 100 jobs

24. Baltimore, down 200 jobs

25. Albany, down 500 jobs

25. Syracuse, N.Y., down 500 jobs

25. Tulsa, down 500 jobs

28. Little Rock, Ark., down 1,000 jobs

28. Modesto, Calif., down 1,000 jobs

28. Pittsburgh, down 1,000 jobs

31. Wichita, Kans., down 1,300 jobs

32. Greenville, S.C., down 1,600 jobs

33. Scranton-Wilkes-Barre, Pa., down 1,700 jobs

34. Portland, Maine, down 1,900 jobs

35. Bridgeport-Stamford, Conn., down 2,000 jobs

36. Chattanooga, Tenn., down 2,300 jobs

37. Birmingham, down 2,400 jobs

37. Springfield, Mass., down 2,400 jobs

39. Akron, Ohio, down 2,500 jobs

39. Jackson, Miss., down 2,500 jobs

41. Charlotte, down 2,600 jobs

41. Grand Rapids, down 2,600 jobs

41. Stockton, Calif., down 2,600 jobs

44. Ogden, Utah, down 2,800 jobs

45. Daytona Beach, Fla., down 3,000 jobs

45. Fresno, Calif., down 3,000 jobs

47. Knoxville, Tenn., down 3,200 jobs

48. Worcester, Mass., down 3,300 jobs

49. Allentown-Bethlehem, Pa., down 3,400 jobs

49. Indianapolis, down 3,400 jobs

51. Harrisburg, Pa., down 3,500 jobs

52. Madison, Wis., down 3,600 jobs

53. Albuquerque, down 3,700 jobs

54. Colorado Springs, down 4,000 jobs

55. Charleston, S.C., down 4,100 jobs

55. Richmond, down 4,100 jobs

57. Rochester, N.Y., down 4,200 jobs

58. Augusta, Ga., down 4,300 jobs

59. Lakeland, Fla., down 4,600 jobs

60. Buffalo, down 4,700 jobs

61. Palm Bay-Melbourne, Fla., down 4,800 jobs

62. Cincinnati, down 5,000 jobs

63. Honolulu, down 6,000 jobs

64. Columbia, S.C., down 6,100 jobs

64. Denver, down 6,100 jobs

66. Salt Lake City, down 6,400 jobs

67. Oxnard-Thousand Oaks, Calif., down 6,500 jobs

68. Dayton, down 6,700 jobs

69. Nashville, down 7,100 jobs

70. San Jose, down 7,300 jobs

70. Toledo, Ohio, down 7,300 jobs

72. Orlando, down 7,600 jobs

73. Cape Coral-Fort Myers, Fla., down 9,200 jobs

74. Las Vegas, down 9,600 jobs

75. Bradenton-Sarasota, Fla., down 10,100 jobs

76. Jacksonville, down 10,700 jobs

77. Kansas City, down 11,000 jobs

78. Boise, Idaho, down 11,200 jobs

79. Cleveland, down 11,300 jobs

80. Milwaukee, down 12,400 jobs

81. Louisville, down 12,800 jobs

82. Memphis, down 13,600 jobs

83. St. Louis, down 14,200 jobs

84. Sacramento, down 14,900 jobs

85. Portland, Ore., down 15,500 jobs

86. Providence, down 16,600 jobs

86. Tucson, down 16,600 jobs

88. San Diego, down 17,500 jobs

89. Philadelphia, down 18,800 jobs

90. San Francisco-Oakland, down 21,100 jobs

91. Minneapolis-St. Paul, down 31,400 jobs

92. New York City, down 33,500 jobs

93. Chicago, down 33,600 jobs

93. Tampa-St. Petersburg, down 33,600 jobs

95. Riverside-San Bernardino, Calif., down 35,800 jobs

96. Phoenix, down 58,500 jobs

97. Miami-Fort Lauderdale, down 59,700 jobs

98. Los Angeles, down 60,700 jobs

99. Atlanta, down 66,100 jobs

100. Detroit, down 67,700 jobs

 

Published Thursday, January 08, 2009 1:06 PM by Diane Thompson

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