No labor pains
Houston scores surprising ranking in new U.S. job growth report
The COVID-19 pandemic continues to hammer job markets around the country.
In Houston, a booming metropolis by any measure, latest figures from the Greater Austin Chamber of Commerce’s recent report give the Bayou City a 27th-place ranking among the 50 biggest metro areas in the U.S.
That works out to a negative 2 percent growth, per the study and a far cry from Austin. From February 2020 to November 2021, the Austin area posted a job growth rate of 4.11 percent, landing the Capital City at No. 2 on the jobs list of the best-performing markets among the top 50 metros, slightly below the 4.14 percent rate for the No. 1 rated Salt Lake City area, according to the chamber’s report.
For February 2020 to November 2021, here are the job growth rates for Texas’ other major metro areas, according to the Austin chamber:
- Dallas-Plano-Irving — 4.1 percent, fourth-place ranking among the 50 biggest metro areas.
- Fort Worth-Arlington — 2.2 percent, fifth-place ranking among the 50 biggest metro areas.
- San Antonio — 1.3 percent, ninth-place ranking among the 50 biggest metro areas.
In an employment forecast, the Greater Houston Partnership calls for some 75,500 jobs to be created in 2022. The greatest gains, per the report, will occur in administrative support and waste management; government; health care and social assistance; and professional, scientific and technical services.
Yet, with this healthy job growth, Houston will likely fall 10,000 to 20,000 jobs shy of pre-COVID employment levels at the end of 2022, the report surmises.
Despite Houston’s job market not having rebounded to its pre-pandemic level, Austin-based job website Indeed recently ranked Houston one of the best U.S. cities for recent graduates seeking employment. Indeed cited opportunities in Houston sectors such as aerospace, aviation, and digital technology.