Given the overall strength of Austin’s job market — the rapid expansion of high-skill, high-paid jobs, the relatively low unemployment rate and the fairly well-educated workforce — it might seem little picky to keep pointing at red flags.
After all, plenty of metro areas would kill for Austin’s problems. Just last week, the Conference Board released its Help Wanted OnLine report for June, which showed that Riverside, Calif., had 6.09 unemployed job seekers for every online job opening there. Central Texas had just 1.48 unemployed job seeker for each posting in June, the ninth-best ratio among the country’s 50 largest metro areas.
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