AUSTIN (KXAN) — Some good news for thousands of University of Texas students graduating this weekend; They’re entering one of the best workforce markets in years.
The latest numbers from the Texas Workforce Commission show unemployment in the Austin metro area was 3.8 percent in April. That’s down from 5% last year.
We spoke to three graduates: One already has a job and the two others are still looking.
Margot Betcher begins her job as a graduate nurse next month.
“I’m just so blessed to be able to stay in Austin and be working,” she says.
Margot’s mother, Michelle, is thrilled her daughter is fulfilling her dream of living in Austin.
“You always hear everyone really wants to stay in Austin, it’s hard. But you don’t want to be a dream crusher so you’re like ok go for it and we’re just so excited,” she said.
But there are others, like 21-year-old Reginald Walker who is still looking for a job. His first interview is Monday. Perfect timing, he says, given the news about the low unemployment rate.
“It definitely gives me hope,” he says. “The statistics are great and knowing those numbers…it’s just great for me.”
Another graduate with hope is Collin Longmire who says he’s happy he is graduating now when the unemployment rate is lower than it’s been in years.
“That’s one of the biggest things we talked about in classes two years ago was if we graduated then we probably wouldn’t be finding jobs at all. We’d be looking for a year,” he explained.
More than 64,000 jobs became available just last month in the state of Texas where the unemployment rate is the lowest it’s been since 2008.
“If I get a job I’ll be happy,” he says. And with numbers like these, Collin likes his odds.
Over the last month, 8 of the 11 major industries have experienced positive growth. That includes education and health services.
We wanted to know what sort of jobs are out there for these recent graduates so we reached out to Austin-based job search site Indeed.com for the top companies in Austin hiring recent grads.
Those employers include home builder D.R. Horton, the University of Texas at Austin, HP, and IBM.
Even Indeed is hiring.
All of those companies have entry-level jobs for bachelor degree holders. Click here for that list.
Here are some other companies relocating to Austin since the beginning of the year, including the number of jobs each one is bringing.