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Updated over 4 years ago on . Most recent reply

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Neil Narayan
  • Real Estate Agent
  • Austin, TX
493
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644
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Austin ranked best-performing city for jobs despite pandemic

Neil Narayan
  • Real Estate Agent
  • Austin, TX
Posted

From August 2019 to August 2020, the metro area saw an employment loss of 2.7%, or 29,800 jobs, according to a report published September 22 by the Greater Austin Chamber of Commerce. Despite that massive dip, it still makes Austin the best-performing city for jobs among the country’s 50 largest metro areas. 

At 2.7%, Austin’s year-over-year job loss was the lowest among the country's biggest cities, the report shows

https://austin.culturemap.com/...

Most Popular Reply

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Aaron Gordy
  • Real Estate Broker
  • Austin, TX
1,007
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Aaron Gordy
  • Real Estate Broker
  • Austin, TX
Replied

@Neil Narayan Good post. Pre covid 19 is a tough comparison. The worst losses were in the hospitality industry which doesn't surprise me. Imagine how the economy will perform be once the vaccines are implemented. Austin Metro is doing pretty good but once the hospitality and tourism industry regains their footing then it will be even better. That is the silver lining that I see in the report. 

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