October 2018 Brought Austin, Texas Even More Hiring Growth!

November 15, 2018

Over 150 million workers in the U.S. have LinkedIn profiles; over 20,000 companies in the U.S. use LinkedIn to recruit; over 3 million jobs are posted on LinkedIn in the U.S. every month; and members can add over 50,000 skills to their profiles to showcase their professional brands. That gives us unique and valuable insight into U.S. workforce trends.

This LinkedIn Workforce Report is a monthly report on employment trends in the U.S. workforce. It’s divided into two sections: a   National   section that provides insights into hiring, skills gaps, and migration trends across the country, and a City section that provides insights into localized employment trends in 20 of the largest U.S. metro areas:   Atlanta,   Austin,   Boston,   Chicago,   Cleveland-Akron,   Dallas-Ft. Worth,   Denver,   Detroit,   Houston,   Los Angeles,   Miami-Ft. Lauderdale,   Minneapolis-St. Paul,   Nashville,   New York City,   Philadelphia,   Phoenix,   San Francisco Bay Area,   Seattle,   St. Louis, and   Washington, D.C.

Our vision is to create economic opportunity for every member of the global workforce. Whether you’re a worker, an employer, a new grad, or a policymaker, we hope you’ll use these insights to better understand and navigate the dynamics of today’s economy.

Hiring

Hiring was 2.9% higher in October 2018 than in October 2017. Seasonally-adjusted hiring (which removes predictable seasonal hiring variations) was 2.4% lower in October than September. If you’re interested in exploring new opportunities in Austin, check out LinkedIn Jobs to see what’s out there!

Skills Gap

A skills gap is a mismatch between the skills employers need (demand) and the skills workers have (supply). Within a city, a skill is in shortage when employer demand exceeds worker supply of that skill. And a skill is in surplus when worker supply exceeds employer demand. A city with a shortage of a particular skill needs more people with that skill, and a city with surplus skills has more people than jobs available for those particular skills. We measure Austin’s skills gaps in terms of absolute headcounts based on the skills of local LinkedIn members.

(Note: as of August 2018, we’ve updated our methodology to measure absolute skills gaps, rather than relative skills gaps as we’d shared in previous reports. Learn more about our new methodology here.)

Here are the top ten skills in surplus in Austin.

And here are the top ten skills in shortage in Austin.

If you live in Austin and want to learn these in-demand skills, check out the LinkedIn Learning courses below.

Migration

Austin gained the most workers in the last 12 months from   Houston, TX;   San Francisco Bay Area, CA;   and   New York City, NY. So for every 10,000 LinkedIn members in Austin, 11.66 workers moved to the city in the last year from   Houston, TX.

Denver, CO; Odessa-Midland, TX; and   Seattle, WA   gained the most workers from Austin in the last 12 months. So for every 10,000 LinkedIn members in Austin, 3.03 workers moved to   Denver, CO   in the last year.

Austin has the most gross migration (gains + losses) with   Dallas-Fort Worth, TX. So for every 10,000 LinkedIn members in Austin, 83.26 workers either moved to or from   Dallas-Fort Worth, TX   in the last year.

Don’t get left behind in the hiring frenzy! Keep your interviewing skills sharp so you don’t miss out on the opportunity of your dreams in Austin, Texas!
Original article by LinkedIn Workforce Report available here.