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Austin Chamber of Commerce 12 •07 State of the Economy • Workforce • As presented to the

Austin Chamber of Commerce 12 •07 State of the Economy • Workforce • As presented to the Keller Williams Agent Leadership Council. Labor Force & Employment Austin MSA. Added in the last 12 months: 15,408 to labor force (1.9%) 21,649 to employed (2.7%).

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Austin Chamber of Commerce 12 •07 State of the Economy • Workforce • As presented to the

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  1. Austin Chamber of Commerce 12•07 State of the Economy • Workforce • As presented to the Keller Williams Agent Leadership Council

  2. Labor Force & EmploymentAustin MSA Added in the last 12 months: 15,408 to labor force (1.9%) 21,649 to employed (2.7%) Source: Texas Workforce Commission, LAUS.

  3. UnemploymentAustin MSA The total unemployed in June is lower than the level one year ago by over 6,200 persons. Source: Texas Workforce Commission, LAUS.

  4. Unemployment Rates Source: Texas Workforce Commission, LAUS.

  5. Lowest Unemployment RatesTop 50 Metro Areas Source: U.S. Bureau of Labor Statistics, LAUS.

  6. Employment Growth Rates Source: Texas Workforce Commission, LAUS.

  7. Fastest Growing AmongTop 50 Metro Areas *Austin is the 42nd largest metro based on total employment. Source: U.S. Bureau of Labor Statistics, LAUS.

  8. Employees on Nonfarm Payrolls Austin MSA June 2007: 29,000 jobs added in the last 12 months Austin up 4.0% Texas up 2.1% US up 1.4% Source: Texas Workforce Commission, CES.

  9. Employees on Nonfarm Payrolls Growth Rates Source: Texas Workforce Commission, CES.

  10. Fastest Growing AmongTop 50 Metro Areas *Austin is the 46th largest metro based on total non-farm payroll jobs. Source: U.S. Bureau of Labor Statistics, CES.

  11. Employment by IndustryAustin MSA, June 2007 Source: Texas Workforce Commission, CES.

  12. Employment by Industry2006 Austin MSA United States Source: Texas Workforce Commission.

  13. Office Employment as a % of Total Private Nonfarm Jobs Office employment is the sum of Information Financial Activities Professional & Business Services Source: Texas Workforce Commission & U.S. Bureau of Labor Statistics.

  14. Office EmploymentAustin MSA Source: Texas Workforce Commission.

  15. Office EmploymentAustin MSA Office employment is the sum of Information Financial Activities Professional & Business Services Source: Texas Workforce Commission.

  16. Information IndustryEmploymentAustin MSA Source: Texas Workforce Commission.

  17. Professional & BusinessServices Industry EmploymentAustin MSA Source: Texas Workforce Commission.

  18. Financial ActivitiesIndustry EmploymentAustin MSA Source: Texas Workforce Commission.

  19. Government Employmentas a % of Total Nonfarm Jobs Austin’s government employment: 1996 125,500 2006 151,900 Source: Texas Workforce Commission & U.S. Bureau of Labor Statistics.

  20. Employment by Occupation2005, Austin MSA Source: U.S. Bureau of the Census.

  21. Employment by Occupation2005 Source: U.S. Bureau of the Census.

  22. Employment by OccupationMay 2006, Austin MSA Source: U.S. Bureau of Labor Statistics.

  23. High-Tech Employment BaseEmployment in Selected Industries2006, Austin MSA Source: Texas Workforce Commission.

  24. Computer & EngineeringOccupations 2006 Employment, Austin MSA Source: U.S. Bureau of Labor Statistics.

  25. Average Wage Rates, May 2006All Occupations Source: U.S. Bureau of Labor Statistics, OES.

  26. Average Salaries, May 2006White Collar Occupations Source: U.S. Bureau of Labor Statistics, OES.

  27. Average Salaries, May 2006Blue Collar Occupations Source: U.S. Bureau of Labor Statistics, OES.

  28. Average Wage Rates, May 2006White Collar Occupations Source: U.S. Bureau of Labor Statistics, OES.

  29. Average Wage Rates, May 2006Blue Collar Occupations Source: U.S. Bureau of Labor Statistics, OES.

  30. Austin Metro Colleges & UniversitiesFall 2006 Enrollments Source: Texas Higher Education Coordinating Board & National Center for Education Statistics.

  31. Most Educated Among*50 Largest Metro Areas 2005 *Based on population 25 years and older with at least a bachelor’s degree. Source: U.S. Bureau of the Census, ACS.

  32. Degrees AwardedSelected Science FieldsAustin Metro Area Institutions Source: U.S. National Center for Education Statistics.

  33. Degrees Awarded 2006Computer Science &Engineering Source: National Center for Education Statistics.

  34. Degrees Awarded 2006Engineering & Physical Sciences Source: National Center for Education Statistics.

  35. Engineering Degrees AwardedUT Austin, 2006

  36. K-12 Education: Public/Private • Austin area households enjoy diverse options in education, including 29 public school districts, 16 charter schools and 69 private schools. • Public school quality is high in Austin: only 8% of area elementary and secondary students are enrolled in private education, compared to 10% nationally. • Annual tuition at area private schools ranges widely: from $1,700 to $18,000 (based on 2006/07 information for the area’s 25 largest schools).

  37. Austin Community College(ACC) With approximately 30,500 students, ACC has seven permanent campuses and more than 70 teaching locations in the region. The ACC Highland Business Center and Downtown Center is extensively involved in the development of course work and training specifically designed for Austin industries. ACC maximizes community and customer satisfaction by identifying, developing, and delivering quality programs at an exceptional level of service that: • Responds to business, government, & industry employee training needs • Enhances the community's workforce & economic development efforts • Helps fulfill personal, occupational, & career aspirations of individuals Austin Community College provides contracted training to many local high tech companies.

  38. WorkSource • WorkSource provides local workforce solutions, helping people find jobs, employers find workers and supporting efforts to create a talented workforce in Travis County. • WorkSource operates three full-service career centers and four satellite centers in Pflugerville, Manor, Del Valle and Jonestown plus a re-employment center for workers affected by mass layoffs. • Each Career Center offers access to current labor market information, job posting, applicant screening and other services to help you find qualified workers. • WorkSource also offers training in such high-demand occupations as high technology and nursing.

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