Our labor market is hot (and our temps are climbing, too!)

Date Posted Posted on April 4, 2019

Looking for a job? You might be in the right place at the right time. According to the Wall Street Journal, Austin sports the #1 hottest labor market in the United States.

Labor MarketNoting Apple Inc.’s plan to build a new $1 billion campus here, the WSJ placed Austin above second-place San Jose., Calif. in labor force growth, job growth, and labor force participation. We fell behind in unemployment (our rate is 3-percent, while San Jose clocks in at 2.7) and wage growth (the California city’s was off the charts). Still, we’re number one! Woo-hoo!

Our ranking was due to Austin having the best average numbers among those five categories based on Labor Department statistics for 2018 vs. 2017. Moody Analytics conducted the study, which evaluated 53 U.S. metro areas with populations over 1 million.

All this as U.S jobless claims fell to a 49-year low.

You can read the full story here (requires a Wall Street Journal subscription).

Meanwhile, if you are looking for a career in financial services, you’ll be happy to know that we’re hiring! Velocity offers opportunities in our branches, as well as accounting, IT, marketing, contact center, human resources and more. Our team enjoys competitive wages, flexible schedules, development opportunities, a work-life balance and exceptional benefits all within a friendly environment.

And we don’t just work here — we live here, too.

Velocity is proud to take advantage of opportunities to give back to the communities we serve. We support many charitable organizations including Aids Services of Austin, Hounds for Heroes, Operation Blue Santa, CASA, United Way and the Central Texas Food Bank, to name a few. We encourage our employees to volunteer and even reward them for their volunteer hours.

If you’d like to learn more, just surf on over to https://www.velocitycu.com/careers.

(Image courtesy of Wall Street Journal)

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