Bloomberg Ranks San Antonio Second Strongest Job Market

July 20, 2010

No. 2 Strongest Job Market: San Antonio

Who’s hiring: Information, Education & health services, Leisure & hospitality

Percent companies planning to hire in Q3: 20 percent
Population: 2,072,128 (+2 percent YOY)
Unemployment rate: 7.1 percent
Mean annual income: $37,970

The expansion of military medicine at Fort Sam Houston in San Antonio will bring 10,000 new jobs to the area, reported WOAI.com, and Toyota‘s expanded Tacoma production is expected to create more openings. In addition, government projects such as the San Antonio River Walk are expected to stimulate construction employment and create new businesses. According to the Conference Board, there were 33,400 online ads for jobs in the area in June, 20.9 percent more than in June 2009.

Source: Bloomberg Businessweek – America’s Strongest Job Markets