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Austin crowned the country’s hottest job market for the 3rd year
Astin’s job market continues to be on a roll. For the third consecutive year, a study by The Wall Street Journal and Moody’s Analytics crowns Austin the country’s hottest job market among major metro areas.
In ranking the 55 metros with at least 1 million residents, the study looked at five attributes: job growth, unemployment rate, share of adults working or looking for work, change in the size of the workforce, and change in average weekly wages. Austin ranked first for job growth and share of adults working or looking for work, third for change in the size of the workforce, fourth for change in average weekly wages, and 17th for unemployment rate.
A ranking published in January by WalletHub, a personal finance website, put Austin at No. 5 among the best cities for jobs in 2022. A
According to the Greater Austin Chamber of Commerce, Austin ranked as the best-performing job market among the 50 biggest metro areas from February 2020 to March 2022.