Austin-Round Rock-Georgetown MSA
(Austin MSA, November 14- December 13, 2024)
Not for citation or circulation without permission from Opportunity Austin
INSIGHTS
There were approximately 61,730 available job postings during the December 2024 reporting period, a decrease of 4,099 from the 65,818 postings in November 2024. There were 23,329 first-time job postings, a decrease of 3,849 compared to the previous month. New job postings in December 2024 represented 38% of all available job postings, a decrease of 4% from November 2024. New job postings decreased by 12% in the Austin and San Antonio metros, while the Houston and Dallas metros saw an 18% decrease compared to the previous month.
Approximately 12%, or 7,685, of all available job postings during the December 2024 reporting period fell under Management Occupations, while 6,335 postings fell under Healthcare Practitioners and Technical, and an additional 1,944 fell under Healthcare Support. This combined total of 8,279 healthcare-related postings highlights the strong demand for healthcare talent in the region.
There are currently about 784 postings indicating vaccination requirements, a decrease of 56 compared to the previous month. Top employers mentioning vaccination requirements include CBRE, CVS Health, and Gap.
A total of 1,839 postings offered “signing bonuses,” a decrease of 69 compared to the previous month.
Fifty-five percent, or 34,025, of available job postings pay an annual median wage between $25,000 and $75,000. Of these, 48%, or 16,144, require a high school diploma as the entry-level education, while 16%, or 5,576, require at least a bachelor’s degree.
There are about 1,056 internship positions posted, both in-person and remote. The top three companies with the most postings are Amazon, Baylor Scott & White, and the State of Texas.
There were about 1,990 jobs posted within the Austin venture capital, startup, scaleup, and innovation ecosystem on the Austin Ecosystem Dealroom Platform as of December 12, 2024.
According to the U.S. Bureau of Labor Statistics, the Austin MSA reported an unemployment rate of 3.5% in November 2024, with an increase of less than 0.1% from the prior month. The total number of unemployed in the Austin MSA is about 53,300. In December 2024, there were 8,430 more available job postings than unemployed individuals, a decrease of 4,688 compared to the prior month.
In December 2024, the Austin region saw a total of about 207 jobs announced through new relocations or expansion plans. Companies announcing new location plans included Colovore (Santa Clara, California), creating 30 jobs, and Hanaro One Way (Seocho-gu, South Korea), creating 20 jobs. The expansion list represents 157 new jobs, with contributions from companies such as Four Hands and ZALL Enterprises.
Job postings measured in this report refer to employers actively advertising online. This is not a representation of job openings, which measures all positions that are open (but not filled) on the last business day of the month.
This report uses Lightcast’s Developer tool, which deduplicates job postings. Developer codes job postings to SOC 2018 occupational codes, allowing for more granular reporting on occupational trends, and uses HWOL datasets aligned with mid-monthly unemployment figures.
Top 15 Occupational Group Postings
The top three occupations with the most postings were in Management, Computer and Math, and Sales-related occupations.
Top Posted Job Ads and Entry-Level Education
The table below lists the top three available job postings by typical entry-level educational requirements.
Typical Entry-Level Educational Requirements
For all job postings in the Austin MSA across occupations and industries, 56% require postsecondary education beyond high school as the typical entry-level education.
Monthly Job Posting Trends
There were roughly 9% more available job postings in December 2024 than in December 2023. New job postings increased by roughly 5% compared to the previous year.
Note: Any discrepancies in the total available job postings and new job postings listed above for the referenced period reflect ads that are not classified to an occupational code. The data for December 2024 is the sum of all posted ads from November 14, 2024, to December 13, 2024. This period aligns with the Bureau of Labor Statistics (BLS) unemployment job search period to provide a more accurate comparison of labor supply and demand.
Top 20 Job Postings and Annual Median Wages
For the top 20 job postings, 56% require some form of postsecondary education beyond high school as the typical entry-level education, and 53% pay an annual median salary over $65,000.
Top 10 Management Job Postings and Annual Median Wage
For all job postings under Management Occupations, 82% require a bachelor’s degree or more as the typical entry-level education. The top three postings in this category are General and Operations Managers, Marketing Managers, and Sales Managers.
Top 10 Tech Job Postings and Annual Median Wages
For all job postings under Tech Occupations, 94% require a bachelor’s degree or more as the typical entry-level education. The top three postings in this category are Software Developers, Computer Occupations, and Data Scientists.
Top 10 Healthcare Job Postings and Annual Median Wages
For all job postings under Healthcare Occupations, 96% require some form of postsecondary education beyond high school as the typical entry-level education, and 71% require at least a bachelor’s degree. The top three job postings in this category are Registered Nurses, Health Technologists and Technicians, and Licensed Practical and Licensed Vocational Nurses.
Top 10 Healthcare Support Job Postings and Annual Median Wages
For all job postings under Healthcare Support Occupations, 58% require a postsecondary credential beyond a high school diploma but less than a bachelor’s degree as the typical entry-level education. The top three job postings in this category are Home Health and Personal Care Aides, Medical Assistants, and Dental Assistants.
Top 20 Skills in Greatest Demand
The top three common skills in demand by employers include communication, customer service, and management, reflecting the overall demand for talent in management occupations.
Top 20 Certifications in Greatest Demand
Twelve out of the top 20 in-demand certifications are healthcare-related, with the largest demand for registered nurses, basic life support, and cardiopulmonary resuscitation.
Top 20 Employers
The top employers posting jobs during this period were St. David’s Healthcare Partnership, Apple, and Baylor Scott & White.
Source: The Conference Board®-Lightcast® Help Wanted OnLine® (HWOL) Index, The Conference Board®-Lightcast® Help Wanted OnLine® (HWOL) Data Series, and Bureau of Labor Statistics.
