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San Antonio ranks in % of projected job gains …

by admin on February 1, 2012

Of 366 U.S. metropolitan areas, San Antonio ranks 21st in percentage of projected job gains through 2022.

The specific numbers are an increase to nearly 1.47 million jobs in the San Antonio metro area from 1.19 million now. That’s a rise of 273,520 jobs and an average yearly increase of 2.08 percent.

“San Antonio weathered the economy well,” Holdrich added, “and as the U.S. economy expands, San Antonio will participate fully.”

Dallas and Houston will add more total jobs over the next 10 years because they have a larger base, but neither will match San Antonio’s 2.08 percent annual job gain. In fact, of the top 25 metros with the best percent job gains over the next decade, only two will have larger increases in total jobs: Riverside-San Bernardino-Ontario, Calif., and Orlando, Fla.

That makes San Antonio a top big-city metro for job growth for the next decade.

San Antonio and Laredo actually will slow from their 1970-2010 job-growth rates because their workforces have grown. The San Antonio area had only 400,000 jobs in 1970. Laredo had 27,000.

More or less jobs than projected will end up materializing in the next decade, but the more important question is whether San Antonio, Austin and Laredo wind up ranked correctly in relation to other cities. From here, it looks accurate.

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