Austin’s job market rebounds to pre-recession growth via Statesman.com

Back in the halcyon days of 2007, before the recession crept its way into Austin’s economy, local employers were adding jobs at a remarkable clip.

If the latest job numbers from the Texas Workforce Commission are any indication, the region is climbing back toward those lofty rates.

Employers in the Austin metro area added about 6,100 positions in October, the commission said Friday, boosting the region’s annual job-creation rate to 3.5 percent. That’s the fastest pace the region has posted since February 2008, the month that local payrolls started a steady deceleration that eventually led to 14 consecutive months of year-over-year employment contraction in Austin.

Read more...Austin’s job market rebounds to pre-recession growth via Statesman.com