bureau of labor statistics

In her Monday guest column, Natalie Butler argues that UT students should fight proposed state higher education cuts to protect the presumed value of their UT degree.

What Butler ignores is that higher education in America today is a massive upper middle-class welfare program in which the accounting, engineering, business, medical and law degrees of thousands of young Texans are subsidized, in part, by state and federal taxpayers.

More nursing jobs will be created in the next decade than in any other single profession. The Bureau of Labor Statistics projects that nearly 600,000 new jobs for registered nurses will be created by 2018.

The median wage for a registered nurse is more than $62,000.

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This just in: Austin led the nation's big city job markets for the third month in a row. In fact, Austin was the ONLY large metropolitan area to add jobs between April 2008 and April 2009.

With 3,400 new jobs, Austin employment grew at 0.4% during the period.

Since job growth is one of the strongest drivers of real estate values, it is a positive development for Austin's downtown condo market and for broader home sales and prices.

Here is a summary from the Statesman:

By adding 3,400 jobs, Austin was not only ranked #1 but the only metropolitan area

As everyone knows, the price of a downtown Austin condo has increased over the last few years. While supply and demand play their usual role, one of the major factors in rising condo prices has been the rising cost of construction.