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Archive for May, 2018

Are workers with San Antonio jobs postponing retirement?

Monday, May 28th, 2018

Retirement may be a glimpse even farther into the future for some of those with San Antonio jobs, according to a recent Careerbuilder survey.

According to the survey, 53 percent of workers aged 60+ say they are postponing retirement, with 57 percent of men putting retirement on hold compared to 48 percent of women1. Four in 10 workers (40%) don’t think they’ll be able to retire until 70 or older.

 

Approximately a quarter (24 percent) do not know how much they will need to save for retirement. Women are much more likely to be unsure of how much to save than men – 31 to 17 percent, respectively.

When asked how much money they think they’ll need to save in order to retire, workers said:

  • Less than $500,000: 20 percent
  • $500,000 to less than $1 million: 31 percent
  • $1 million to less than $2 million: 14 percent
  • $2 million to less than $3 million: 5 percent
  • $3 million or more: 7 percent

When asked if they’re currently contributing to retirement accounts, roughly 1 in 4  workers 55+ (23 percent) said they do not participate in a 401(k), IRA or other retirement plan, a rate even higher in younger adults ages 18-34 (40 percent). Sixty-seven percent of workers in the South and 69 percent in the Midwest contribute to retirement accounts, compared to 73 percent in the Northeast and 71 percent in the West.

Site aims to analyze San Antonio jobs

Thursday, May 3rd, 2018

A new site has launched that will analyze San Antonio jobs, among other Texas cities.

TexasLaborAnalysis.com is an online suite of labor analysis tools designed to provide insight into Texas’ labor supply and demand. Texas Labor Analysis (TLA) presents wage data, occupational projections, current labor supply, Help Wanted Online job posting data, and more.

“Texas Labor Analysis provides easy to use labor market supply and demand snapshots that inform the collective efforts of Texas Workforce Solutions, educators, employers and economic developers to prepare our current and future workforce for high demand occupations and to close skills gaps,” said TWC Chairman Andres Alcantar. “This new online suite of tools will offer valuable insights to students about high demand careers and aligns with the Tri-Agency commitment to provide better information in support of the job creation efforts of Texas employers.”

The website tool includes a “Top Statistics” feature that provides fast access to reports containing the most commonly requested data. TLAempowers users to create in-depth reports for aggregated or single regions, showing labor demandlabor supply, or the gap between the two.

“Texas Labor Analysis will help provide employers, job seekers, economic developers, educators, and our local workforce partners with a real-time display of supply and demand of occupations by their region with one click,” said TWC Commissioner Representing Employers Ruth R. Hughs. “Labor market data remains essential in helping bring Texans and Texas employers together to grow our economy.”

TLA combines data provided by the Texas Higher Education Coordinating Board, online job postings from Help Wanted OnlineTWC’s Labor Market and Career Information department in cooperation with the U.S. Bureau of Labor Statistics and other up-to-date TWC workforce data. Using these data, TLA compares current labor demand and supply for user-selected occupations by Local Workforce Development Area. The comparison offers a near real-time display of an occupation shortage or surplus by region.

Employers, individual workers, local and statewide economic developers, educators and schools and Local Workforce Development Boards will all find TLA useful. The online application meets federal accessibility standards and adapts to tablet and smartphone screens.

“I am proud that our efforts resulted in bringing another innovative tool to the state of Texas,” said TWC Commissioner Representing Labor Julian Alvarez. “The Texas Labor Analysis tool will provide key insights into Texas labor market supply and demand offering information on hundreds of different jobs, how much they pay, how popular they are and will be, how many openings there are via Help Wanted Online job posting data, and more.”

 

Work program connects people with San Antonio jobs

Thursday, May 3rd, 2018

A new work program aims to connect students with San Antonio jobs.

The Texas Workforce Commission (TWC) has kicked off its 2018 Summer Earn and Learn program that provides students with disabilities, aged 16-22, with work readiness training and paid work experience. The program is a partnership between TWCTexas Workforce Solutions Offices and Texas Workforce Solutions-Vocational Rehabilitation Services (TWS-VRS).

Last year, more than 1,500 students participated in Summer Earn and Learn and worked in positions as design graphics assistants, customer service representatives, peer counselors and others. Small and large businesses who participated in the program include Alamo College in San Antonio, the Clements Boys & Girls Club in Killeen and CVSHEB, and Verizon locations throughout the state.

“The Summer Earn and Learn program provides valuable opportunities for Texas students with disabilities to learn about the exciting careers available to them in the Texas workforce,” said TWC Chairman Andres Alcantar. “We encourage students and parents to contact their local Workforce Solutions office to learn more about these paid internship positions available this summer.”

Local Workforce Development Boards, who oversee the Workforce Solutions Offices, will collaborate with local TWS-VRS staff to promote the program and identify students and businesses who are interested in participating. Students will receive work readiness training and connect with a local employer, where they will have the opportunity to do hands-on work for five weeks or more. The students will learn about the employer’s industry and develop skills and work experience that will prepare them for successful transition to postsecondary education and employment.

“Employers who sign on to Summer Earn and Learn are committed to the professional development of workers in their industries and developing potentially long-term employees,” said TWC Commissioner Representing Employers Ruth R. Hughs. “The program provides employers with direct access to their local workforce, which consists of students who are eager to learn and work.”

 

San Antonio trade jobs climb

Thursday, May 3rd, 2018

The number of San Antonio trade jobs have grown, according to recent labor statistics.

The Texas economy added 32,000 seasonally adjusted nonfarm jobs in March, which marked 21 consecutive months of employment growth. Over the year, Texas added 294,100 jobs for an annual employment growth rate of 2.4 percent in March.

“Texas employers added 294,100 positions over the year with 10 of 11 industries adding jobs in the diverse Texas economy,” said TWC Chairman Andres Alcantar. “Texas’ broad-based growth across industries provides exceptional opportunities for our highly skilled workforce and highlights the competitive strength of Texas employers.”

The Trade, Transportation, and Utilities Industry recorded the largest private-industry employment gain over the month with 7,500 positions added.  Professional and Business Services employment grew by 6,200 jobs, while Construction employment expanded by 3,800 positions.

“Private-sector employment remained strong over the month with 30,600 jobs added in March,” said Commissioner Ruth R. Hughs. “Texas is a state that continues to welcome new employers and support home grown businesses, offering them the tools they need to succeed and grow.”

The Midland Metropolitan Statistical Area (MSA) recorded the month’s lowest unemployment rate among Texas MSAs with a non-seasonally adjusted rate of 2.4 percent, followed by the Amarillo and College Station-Bryan MSAs with a rate of 3.0 percent, each.

“The Texas labor force has much to offer and there are resources available to find the perfect occupational fit,” said TWC Commissioner Representing Labor Julian Alvarez. “I encourage all job seekers to take advantage of these services and contact their local Workforce Solutions office for assistance with job training and placement.”