Rosy Employment Outlook
By Gerald Lair
Posted 10/30/07
According to Alamo Worksource, a San Antonio orga-nization charged with the responsibility of providing timely, accurate and relevant labor market information, “indications are that the San Antonio Metropolitan Statistical Area’s economy experienced strong gains in December 2007, seeing total nonagricultural employment expand by 2,000 jobs for the month, bringing the annual job growth (for 2007) to 16,600 jobs. Robust hiring by area retailers during the holiday season, a surge in financial activities, manu-facturing, and leisure and hospitality industries accounted for the bulk of the month’s growth.”
And Texas economist, M. Ray Perryman, who gave remarks recently in a confer-ence hosted by the North San Antonio Chamber of Commerce, confirms that “approximately 85,400 jobs will be created in the San Antonio area within the next five years.” Perryman’s report states that “984,900 jobs should exist by 2012, while the population is expected to increase from 1.9 million to 2.2 million over the same period.”
So, which industries and companies should you expect are hiring. Companies within our leading economic generator industry, health care/biomedicine are, there being an especially critical need for nurses, other support personnel and those in research. And as more and more people recognize this area as a great place to visit, and our convention and tourism industry continues its upward growth, new and bigger hotels and other facili-ties are being built. Included are the new Convention Center Grand Hyatt Hotel downtown, which opened in February and a 1,000 room J.W. Marriott, along-side two PGA- sponsored golf courses, in the northeast sector of San Antonio.
Aerospace, finance and informa-tion technology will continue to play a significant role in the job market here. With Port San Antonio, our inland port, continuing to prosper, aerospace companies such as Boeing and Lockheed Martin will be hiring. And information technology grows unabated. Microsoft, which announced a move here a year ago, is within range of opening its first facility. And Rackspace, a homegrown internet hosting company, recently announced a move to new, larger offices, promising to add 3,000 new jobs over the next five years. And new telemar-keting firms are recognizing both San Antonio’s low cost of living, as well as its friendly, family-driven atmosphere.
Finally, as more and more land is devel-oped into subdivisions and offices, along with the recent announcement of a major building program at Ft. Sam Houston, the commercial construction industry will be hiring.
And Texas economist, M. Ray Perryman, who gave remarks recently in a confer-ence hosted by the North San Antonio Chamber of Commerce, confirms that “approximately 85,400 jobs will be created in the San Antonio area within the next five years.” Perryman’s report states that “984,900 jobs should exist by 2012, while the population is expected to increase from 1.9 million to 2.2 million over the same period.”
So, which industries and companies should you expect are hiring. Companies within our leading economic generator industry, health care/biomedicine are, there being an especially critical need for nurses, other support personnel and those in research. And as more and more people recognize this area as a great place to visit, and our convention and tourism industry continues its upward growth, new and bigger hotels and other facili-ties are being built. Included are the new Convention Center Grand Hyatt Hotel downtown, which opened in February and a 1,000 room J.W. Marriott, along-side two PGA- sponsored golf courses, in the northeast sector of San Antonio.
Aerospace, finance and informa-tion technology will continue to play a significant role in the job market here. With Port San Antonio, our inland port, continuing to prosper, aerospace companies such as Boeing and Lockheed Martin will be hiring. And information technology grows unabated. Microsoft, which announced a move here a year ago, is within range of opening its first facility. And Rackspace, a homegrown internet hosting company, recently announced a move to new, larger offices, promising to add 3,000 new jobs over the next five years. And new telemar-keting firms are recognizing both San Antonio’s low cost of living, as well as its friendly, family-driven atmosphere.
Finally, as more and more land is devel-oped into subdivisions and offices, along with the recent announcement of a major building program at Ft. Sam Houston, the commercial construction industry will be hiring.
