Good news for Austin!
The U.S. Bureau of Labor Statistics released on 12/2/08 data that shows employment in the Austin-Round Rock region increased by 1.9% between October 2007 and October 2008 outpacing many of Austin's economic development competitors.
According to to the report the local region added in the 12 month period approximately 14,700 jobs. This brought the total employment total to roughly 781,000.
Check out other competitor's ratings:
San Jose, Calif. added 700 jobs for a 0.8% increase
Raleigh, N.C. added 8,800 jobs for a 1.7% increase
Nashville, Tenn. lost 2,200 jobs for a 0.3% decrease
Seattle, Wash. lost 1,900 jobs for a 0.1% decrease
Phoenix, Ariz. lost nearly 50,000 jobs for a 2.3% decrease
San Antonio, Texas added 17,900 jobs for a 2.9% increase
Memphis, Tenn. lost 10,800 jobs for a 1.7% decrease
Albany, N.Y. remained stagnant.