San Francisco and Travis, Texas, Lead Nation in Employment Growth among Large Counties
San Francisco, Calif., and Travis, Texas, led the nation in 2014 in annual employment growth among the top 50 U.S. counties with the most employees, according to new U.S. Census Bureau economic statistics released today. Overall, these 50 counties accounted for 34.7 percent of all U.S. employment.
San Francisco’s employment grew 5.7 percent (up 30,931 employees) to 573,297 employees in 2014. The information sector (NAICS 51), up 13.6 percent to 56,684 employees, and the construction sector (NAICS 23), up 10.4 percent to 17,884 employees led growth in that county. Specifically, within these two growing sectors, other information services (NAICS 519), up 27.4 percent to 18,104 employees, and construction of buildings (NAICS 236), up 14.1 percent to 7,425 employees, were the subsectors powering San Francisco’s employment growth.
Three more of the 10 large counties with the highest rate of employment gains were in California. They were Riverside (up 4.4 percent), Alameda (up 4.1 percent) and Santa Clara (up 3.9 percent).
Travis County, Texas, which led in employment with San Francisco, increased 5.7 percent (up 29,289 employees) to 544,038 employees in 2014. Travis also led the largest counties in the rate of growth of business establishments climbing 3.6 percent to 32,217 establishments. Travis County is part of the rapidly growing Austin-Round Rock metro area, whose population topped 2 million people for the first time in 2015, according to recent population estimates.