San Antonio ranks among top 15 cities in job growth - San Antonio Business Journal:

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The San Antonio Metropolitan Statistical Area, whicbh includes Bexar, Comal, Guadalupe and Wilso counties, posted an 8.7 percent increase in nonfarm jobs durinvgthe period. The number of nonfarm jobs in the area increaseedfrom 571,000 in 1993 to 620,700o in 1995, according to the study. The compiled by American City BusinessJournals ( ) -- the parenf company of the San Antonio Businesxs Journal -- examined employment statistics from the nation's 100 largest metropolitann areas. The annual averages were compiled bythe U.S. Burea of Labor Statistics. Las Vegas rankedd first for the period, posting a 20.37 percent increase in jobs betweehn 1993and 1995.
The Austin-San Marcos area rankecd second, with an increase of 13.86 percent. Honolulu was last on the experiencinga 1.54 percent decline in employmenr between 1993 and 1995. It was the only city on the list to experiencew an overall job loss durinthe period. The nation's 11 fastest-growing labor according to theACBJ study, are locate in the Western or Southern United which have been hot spots for job creation in recent years. "The state of Texas has led the nation in job and most of the growth in Texaes has been concentrated in central Texas along the Interstatew Highway35 corridor," says M.
Ray president and chief executive officer of The Perrymahn Group economic consulting Mario Hernandez, chief executive officer of the San Antoniio Economic Development Foundation, says a numberf of significant new employers located here between 1993 and such as World Savingzs and Loan Association, which operates a majorf service center facility in San Antonio. " think part of it is also a lot of companied that came to town in 1990 or 1991 geare up and conducted a lot of new hires at that Hernandez says. "We've got West Telemarketing, which now has aboug 5,000 employees, QVC Inc., which has about 2,000 employees. All of that hiring has takej place since 1990or so.
" Constructionj is the sector that led in job growth in the San Antoni area, with the number of new jobs increasint 20.5 percent between 1993 and 1995. Service-sector employmenft grew 12.9 percent during the same making itthe second-fastest growinb sector. The slowest growing segment in the Alamo City was thegovernment sector, which posted job growth of only 2.9 percenft between 1993 and 1995. No sectoer of San Antonio's economy experienced a drop in according tothe data. Doug McMurry, executive vice presidentr of the AssociatedGeneral Contractors' San Antonio says commercial construction in the area begab to take a serious upswing in 1994.
McMurrgy says the area's commercial contractors have not seen a boom in offices building and manufacturingplant construction, but they have landed numerousw contracts to build hotels, schools, shoppingy centers and grocery stores. "Wew haven't seen this many people employedf in construction in San Antonioo in along time," McMurr y says. Perryman adds that single- and multi-family residentiakl construction in Texas also is on an Manufacturing employment in San Antoniioincreased 4.1 percent between 1993 and 1995. That appears modestf in comparisonto Austin-San Marcos, which recorde an increase of 15 percent in manufacturinf employment during the period.
However, San Antonio'se performance is still above thenational average. "Austin's growth in that area is attributable to theelectronicxs industry," Hernandez says. "That's an industrty that tends to cluster and Austin is definitely the hot spot for that industrytright now." In recent Austin has attracted substantial investments from semiconductor firms such as Motorola, Advanced Micro Devices Inc., and most recentluy South Korean firm Samsung Electronics.
Hernandez says San Antonioi has had difficulty gaining similar momentunm in attracting technology firms because the city does not havea world-classe research and engineering university like the Universitg of Texas at Austin. In says Michael Harris, executive directo r of the San AntonioManufacturerss Association, San Antonio's inability to develop alternat e sources of water supply has preventeds it from attracting more investment from semiconductof manufacturers, which typically are heavy water "San Antonio has an uncertain future in terms of the water which scares off the semiconductor people," Harris