Austin’s economy continues to trend upwards

Austin's economy continues to trend upwards

Austin continued to lead the State of Texas in population growth, and with that has come a robust job creation.  Local economist Angelos Angelou said wages are also on the rise, but he said they are not keeping pace with what people need to feel comfortable on a monthly basis. He also said some of the growth and wages cannot keep up with the city’s cost of living.

Angelou said employers are having a tough time filling their payrolls because of a skills gap that has left them unable to find the kind of talent they’re seeking.

 

(Photo: Shutterstock)

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