Austin-Round Rock-Georgetown MSA
(Austin MSA, July 14– August 13, 2024)
Not for citation or circulation without permission from Opportunity Austin
INSIGHTS
- During the August 2024 reporting period, there were approximately 65,887 available job postings, a decrease of 2,882 compared to the 68,769 postings in July 2024. First-time job postings totaled 25,090, down by 2,749 from the previous month. New job postings in August represented 39% of all available job postings, a 2% drop from July. New job postings increased by roughly 1% in the Austin and San Antonio metros, while Houston and Dallas metros saw a 9.7% decrease.
- Approximately 12% (8,106) of all available postings during the July 2024 period were for Management Occupations. Healthcare-related postings included 6,974 for Healthcare Practitioners and Technical roles and an additional 1,926 for Healthcare Support, totaling 8,900 postings and indicating strong demand for healthcare talent in the region.
- There were about 959 job postings requiring vaccination, a decrease of 85 from the previous month. Employers frequently mentioning vaccination requirements included CVS Health, Aveana Healthcare, and CBRE.
- Postings offering “signing bonuses” numbered 2,130, a decrease of 135 compared to the previous month.
- Fifty-six percent, or 37,219, of available job postings offered an annual median wage between $25,000 and $75,000. Of these, 47% (17,609) required a high school diploma as the entry-level education, and 16% (5,848) required at least a bachelor’s degree.
- There were about 643 internship positions posted, both in-person and remote. The top companies hiring for internships included Amazon, VF, and HNTB.
- As of August 12, 2024, there were about 1,811 jobs posted within the Austin venture capital, startup, scaleup, and innovation ecosystem on the Austin Ecosystem Dealroom Platform.
- According to the U.S. Bureau of Labor Statistics, the Austin MSA unemployment rate was 3.6% in August 2024, a decrease of 0.2% from the prior month. The total number of unemployed in the Austin MSA was about 53,500. In August, there were 12,387 more job postings than unemployed individuals, a decrease of 223 from the previous month.
- In August 2024, the Austin region saw a total of about 404 jobs announced through new relocations or expansion plans. Blueprint (Austin, Texas) announced 5 new jobs, while Futronic (Busan, South Korea) announced 350 new jobs. The expansion list represents 49 new jobs, including companies such as Aalo Atomics, Four Hands, Industrious, Texas Plumbing Supply, and X-Bow.
Job postings measured in this report refer to employers actively advertising online. It is not a representation of job openings, which measure 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-month unemployment figures.
The following job market report is designed to provide insight into current employer demands, skills, and occupations in the Austin MSA.
Top 15 Occupational Group Postings
The top 3 Occupations posted were Management, Sales and Health Practitioners/Technicians.
Top Posted Job Ads and Entry-Level Education
The table below represents the top 3 available job postings for each typical entry-level educational requirement.
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 are 6% less available job postings in August 2024 than in August 2023. New job postings decreased roughly 9% from 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 June 2024 is the sum of all posted ads from June 14, 2024, to July 13, 2024. This period is aligned with the Bureau of Labor Statistics (BLS) unemployment job search period to provide a more accurate comparison of labor supply and labor demand.
Top 20 Job Postings and Annual Median Wages
For the top 20 job postings, 55% require some form of postsecondary education beyond high school as the typical entry-level education, and 54% pay an annual median salary over $65,000.
Top 10 Management Job Postings and Annual Median Wages
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 , Marketing and Sales.
Top 10 Tech Job Postings and Annual Median Wages
For all job postings under computer and mathematical 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, 97% require some form of postsecondary education beyond high school as the typical entry-level education, and 72% 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, 60% required a postsecondary credential that is more than 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 Assistance.
Top 20 Skills in Greatest Demand
The top three common skills in demand by employers include communications, customer service, and management, a reflection of the overall demand for talent in management occupations.
Top 20 Certificates in Greatest Demand
Eleven out of the top 20 in-demand certifications are healthcare-related with the largest demand for registered nurses, basic life support, and cardiopulmonary and cardiovascular care.
Top 20 Employers
Top job posting for this period come from St. David’s Healthcare Partnership, The University of Texas System and Baylor Scott & White Health.
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.
