Austin – Third Most Recession-Resistant City

Brookings Institute published the top 10 stable cities in the US and Austin ranked 3rd:

1. Albany, NY
2. Augusta, GA
3. Austin, TX
4. Baton Rouge, LA
5. Buffalo, NY
6. Columbia, SC
7. Dallas, TX
8. Des Moines, IA
9. El Paso, TX
10. Honolulu, HI

The Brookings Institute examines trends in metropolitan-level employment, output, and housing conditions to look “beneath the hood” of national economic statistics to portray the diverse metropolitan trajectories of recession and recovery across the country.

Read the Full Report: http://www.brookings.edu/metro/MetroMonitor.aspx

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200-Person Facebook Office Coming to Austin?

Although nothing is definite, Sheryl Sandberg, Facebook COO, said “Facebook continues to grow and Austin, with its deep talent pool, would allow us to hire the high-caliber employees we need to properly serve the people, advertisers and developers that rely on our service”.  Headquarted out of Palo Alto, CA, Facebook currently employs 1,200 people with outsiders estimating their annual revenue at $500 million.  Besides Austin’s talented work force, Facebook may also be attracted to $1.3 million in incentives from the state of Texas.  Governor Rick Perry’s office has indicated that Facebook would be investing $3.1 million for this expansion into to Texas, an expansion that would create 200 jobs over the next four years.  Sounds like a win-win to us!  We’ll continue to watch how this develops.  Read the Austin Business Journal article.

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Census Bureau Jobs – Austin

Census Bureau expects to hire up to 3,000 temporary workers for Travis County.  Work schedules are flexible and pay ranges from $8-$24 per hour.  To apply, call 1-866-861-2010 to schedule a basic employment test.  For more information visit: www.2010censusjobs.gov

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Forbes Ranks Austin in Top Cities to Earn a Living

Source: Forbes, Francesca Levy, 9.30.09

In determining the top cities to earn a living, Forbes magazine considered a number of key factors including: low cost of living, job growth, premium commercial environment, and home to businesses in growing, high-paying industries.  Austin ranked fourth in the nation.  Here are the top ten:

1. Dallas
2. Houston
3. Minneapolis
4. Austin
5. Washington, D.C.
6. St. Louis
7. Seattle
8. Atlanta
9. Kansas City
10. Denver