San Antonio is a key reason why Texas is doing so well during this recession. The Milken Institute recognized San Antonio as one of 2014′s best-performing cities, where America’s jobs are created and sustained, and judging by its booming workforce, the city is still growing strong. The Brookings Institution also named San Antonio one of the strongest-performing economies among the 100 largest metropolitan areas in the nation and #1 in overall performance based on employment and unemployment levels. Moreover, SA2020’s Education initiative is dedicated to increasing educational attainment at all levels of study, which will allow San Antonio’s workforce to keep expanding and help its members develop skills relevant to relocating companies and local industries. The San Antonio Metropolitan Statistical Area (MSA) is comprised of eight South Texas counties, including Atascosa, Bandera, Bexar, Comal, Guadalupe, Kendall, Medina and Wilson.
San Antonio MSA workforce in December 2014 was 1,064,254, an increase of 3.32%. Manufacturing, education and health services, as well as leisure and hospitality industries, led the employment sectors. In this 12-month period, total nonfarm employment increased by 25,120 employees, reflecting a growth rate of 2.53%.
Source: Texas Workforce Commission, Tracer2
San Antonio Annual Averages
|Year||Total Civilian Labor Force||Percent Growth||Number of People Employed||Number of People Unemployed||Unemployment Rate|
|Source: Bureau of Labor Statistics, March 2014|
|Sector||May 2014 Employment||May 2013 Employment||Change 2013-2014|
|Trade, Transportation and Utilities||158,800||150,500||5.51%|
|Education and Health Services||142,200||137,000||3.80%|
|Leisure and Hospitality||124,900||114,600||8.99%|
|Professional and Business Services||113,500||108,100||5.00%|
|Mining and Logging||6,300||4,300||46.51%|
|Source: Bureau of Labor Statistics|