Oct 24, 2017
AUSTIN – More people are working from home in the Austin area than any other major U.S. city, according to Census Bureau data.
Nearly 9 percent of people ages 16 and up with jobs in the Austin area telecommute, the data show.
The national average is 5 percent.
So what’s up with Austin? Why do so many people work from home here?
Kara Kockelman, an engineering professor at the University of Texas, offered some insights into why:
- Austin has a lot of highly educated people, and those people tend to work in white-collar professional jobs where it’s possible to work from home.
- Austin also has a large number of people who work in the tech industry, which is known for jobs that are tethered to a computer and could be done virtually anywhere. There are roughly 120,000 people who work in Austin’s tech industry.
- Census data show that about 40 percent of Austin’s households have at least two workers.
- And lastly, there’s the Austin traffic.
See the full report at the Austin American-Statesman
Falling Oil Prices Not Stopping Texas Job Growth, Latest Real Estate Center Report Shows
By Bryan Pope, Associate Editor, Real Estate Center at Texas A&M University June 2, 2015/Release No. 21-0615
COLLEGE STATION, Tex. (Real Estate Center) – Texas’ economy continues to create more jobs despite lower oil prices, according to the latest Monthly Review of the Texas Economy published by the Real Estate Center at Texas A&M University. The state’s economy gained 304,200 nonagricultural jobs from April 2014 to April 2015, an annual growth rate of 2.6 percent compared with 2.2 percent for the United States. The state’s nongovernment sector added 282,200 jobs, an annual growth rate of 2.9 percent compared with 2.6 percent for the nation’s private sector. Texas’ seasonally adjusted unemployment rate fell to 4.2 percent in April 2015 from 5.2 percent in April 2014. The nation’s rate decreased from 6.2 to 5.4 percent All Texas industries except mining and logging (which includes oil and gas) and manufacturing had more jobs. The state’s leisure and hospitality industry ranked first in job creation followed by construction and transportation, warehousing and utilities. All Texas metro areas except Texarkana, Wichita Falls and College Station-Bryan had more jobs. Odessa ranked first in job creation, followed by Midland, Dallas-Plano-Irving, Corpus Christi and Beaumont-Port Arthur. The state’s unemployment rate in April was 4 percent. Amarillo had the lowest unemployment rate, followed by Midland, Austin-Round Rock, Lubbock, College Station-Bryan and San Antonio-New Braunfels.
The full report is online at http://www.recenter.tamu.edu/pdf/1862.pdf.