Austin boasts speedy economic recovery
Austin is a popular spot for property buyers in search of new homes, and the city is also a booming area for employers and job seekers. People who are exploring the market for some of the homes for sale in Austin should take note of the gains the city has made in its private-sector employment since September 2007.
The Austin Business Journal reports that a November 2012 study of 102 major U.S. metros showed that Austin added the largest percentage of private-sector positions between September 2007 and September 2012. In fact, Austin's private-sector employment increased 7.6 percent and employers added 46,000 new jobs during this time frame.
Business and networking groups in Austin
Various factors impact the current state of the Austin job market.
Many job seekers develop partnerships with local professionals that could produce significant rewards. Austin is no exception, as the city is a booming area for business and networking groups.
The newspaper points out that the membership on its top-25 list of local business and networking groups for 2012 featured 84,784 members - up from roughly 50,580 participants last year. These organizations promote entrepreneurship and help local professionals form relationships with one another so that they can work together to develop new companies and further enhance Austin's economy.
Austin businesses continue to expand
Several Austin businesses have experienced tremendous success after the recession that impacted many residents in the late 2000s, including Austin-based startup OutboundEngine. This company is one of several that could create more jobs for local employment seekers in the near future.
OutboundEngine helps its clients target specific audiences by developing customized marketing campaigns that use emails and social media.
"Our customers are typically independent professionals who have tried social media on their own, but it ends up on the back burner because they're so busy running their businesses," company CEO Branndon Stewart told the Austin American-Statesman. "We automate the process, which gives them a way to grow their business and nurture their client relationships without lifting a finger."
The business launched in 2010 and already boasts 1,200 subscribers. Additionally, OutboundEngine will receive $1.6 million from numerous venture capitalists to expand its software development and marketing efforts.
Stewart noted that his company recently began bolstering its workforce. Over the past three months, OutboundEngine doubled its workforce and plans to add roughly 13 new staff members to its team by the end of the year.