AustinRealEstate's Blog

Ok, ok. This will be my last post about the jobs in Austin and Texas. I can't help but find it interesting that we are doing so well relative to the rest of the nation. Check out these excerpts from the news over the past few days and you'll see what I mean.

Good luck out there and keep your collective chins up.

Joe

Austin Real Estate Blog | Seven Oaks Real Estate in Austin Texas

---

Texas Unemployment Rate Returns to Record Low
KTAL Shreveport Fri, 16 May 2008 9:18 AM PDT
(Austin, TX) The April statewide seasonally adjusted unemployment rate fell to 4.1 percent, down from 4.3 percent in March and 4.4 percent in April 2007, once again matching the record low. The 4.1 percent April unemployment rate in Texas remains far below the U.S. unemployment rate of 5.0 percent.

---

Disney advertising lab coming to Austin Austin Business Journal

Walt Disney Co. is opening an "Ad Lab" in Austin.

Disney's [NYSE: DIS] media network division says it will be launching a research lab, which will test and assess its networks' advertising strategies and programming, in Austin by the end of the year.

Disney-owned ABC Television Group and ESPN Inc. will be directly involved in the lab. Disney has tapped professor Duane Varan, executive director of the Interactive Television Research Institute, to oversee the lab.

Disney says it is planning to establish a 3,000-square-foot lab in Austin, but has not yet selected a location.

---

ePlus Expands Presence in Texas With New Austin OfficeFriday May 16, 8:30 am ET

HERNDON, VA--(MARKET WIRE)--May 16, 2008 -- ePlus inc. (Other OTC:PLUS.PK - News) today announced that it has opened a new office in Austin, Texas to serve middle-market customers nationwide with targeted sales and engineering services. Utilizing Cisco technologies to provide integrated telesales services, ePlus is redefining the customer experience by providing real-time pricing, inventory, searching, and ordering capabilities using its market-leading OneSource IT web interface. In combination with configuration and engineering services provided by its highly trained professional services staff, ePlus will be able to help existing and new customers optimize their IT infrastructures.