Another Window Into The Job Market

This week I’d like to share some interesting work others have done: a study about a Texas city that has weathered the recession better than most, and another article that points to an improving economy. Both are interesting, but more importantly for folks looking for work, this type of information can help make you a more informed and better prepared job seeker.  

Did you know that in 2010-2011, San Antonio had the highest proportion (in the nation) of employers who were hiring? They did. Over that two-year span and during the midst of the great recession, San Antonio saw net job growth of over 12,000 new jobs. And when you consider as a nation that we have to add about 150,000 new jobs each month just to break even, getting 12,000 new for a single city is no small feat. Below is a chart detailing some of that growth by job category. To see it in full, just double-click on it. Source: EMSI Covered Employment – 2011.4

 

Somewhat related is an article about the prevalence of low-wage/low-skill jobs in the US. This study found that the top 10 occupations by total employment account for 20.7% of all jobs, and only one (registered nurses) requires a postsecondary degree. Think about that, of all the different jobs in the US, one fifth of them fall within one of 10 job classifications. And, related to the chart above, many of those same jobs are what helped San Antonio grow when no one else was. View the full article.

Also worth noting is this: while not spectacular, an increase in low and middle-skilled jobs is a good thing. They are the support for core occupations and a solid indicator of economic improvement since, as a group, they took a big hit during the recession.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s