S.A. outer areas' job numbers up 56 percent in decadeS.A. outer areas' job numbers up 56 percent in decadehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=76202013-04-22T06:56:00Z2013-04-21T00:00:00Z

SAN ANTONIO - While employment in downtown San Antonio fell between 2000 and 2010, it exploded on the city's outer reaches, according to a Brookings Institution study.

Employment within three miles of the center city dove 18.8 percent in the ten-year period. At the same time, the number of jobs ten to 35 miles outside the inner city increased 56.3 percent.

For San Antonio, the ten-mile ring falls just inside the economically vibrant Loop 1604. Major employers are clustered along the edge, including Valero Energy Corp., JPMorgan Chase, Microsoft and Coventry Healthcare.

But data indicate that as the outer areas gained jobs, downtown lost. For the decade, job loss three miles or less from San Antonio's core hit 18.8 percent.

Because of bustling hiring rates in its suburbs, the San Antonio metropolitan area ranked second among the 100 largest U.S. metro areas for the increase in the share of jobs between ten and 35 miles from its central business district.

Read more at the San Antonio Express-News.

San Antonio Express-News
San Antonio-New Braunfels
http://www.mysanantonio.com/business/article/s-a-outer-areas-job-numbers-up-56-in-decade-4443534.phpRead more at {Source}

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