Sunday

Austin Staying Afloat.

Recently I read about some good news for those on the job hunt in the Austin Statesman. The Statesman editorial board discusses a few new announcements that Facebook and Yingli Green Americas Inc. plan to open new units in Austin. This would altogether add at least 500 hundred new jobs to the Austin job market, therefore decreasing the unemployement toll. Seeing how our area has lost over 2,500 hundred jobs last year alone, I am in agreement with the editorial baord when they say that this is a step in the right direction. Also discussed was the fact that Austin is in competition with Phoenix, AZ for the new Yingli Inc. unit so hopefully we become the lucky winners, we need to pick up the slack when it comes to the jobs lost.

As well as the announcements regarding Facebook and Yingli, Hanger Orthopedics Group and LegalZoom Inc. have made decisions to open new operations in Austin. The board goes on to discuss the effects that these new jobs will have on Ausitn and state that they appear to be low risk, a will return on a modest investment. As well as the economic boost that will be noticed locally, our city will be one of the few that is above this recession. In the editorial, the board mentions CNN's Tom Foreman reporting on Austin, saying that " Their community is building up its economy, while the recession is holding much of the country down." and he notes that Austin is "hanging tough" as the nation still struggles. This being very true, I'm pretty sure its safe to say that we may be wierd, but we sure are tough.

The Statesmans editorial board makes valid points about the good news in the job force and keeps us hopeful of our continuing success in stayin afloat while in this recession. Overall the editorial makes sense and maintains a sense of simplicity while being informative, "short, sweet, and to the point."

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