Secrets of the Job Hunt


Monday, June 07, 2010

Austin Jobs Added by CoreLogic

One company's plan to go it alone will help create more Austin jobs.

First American Spatial Services recently announced that it has split from its parent company, First American Corporation, and will soon expand its operations in Austin. The move has created a new multi-billion-dollar information services company known as CoreLogic.

California-based CoreLogic, which brings in $2 billion in annual revenue and will employ more than 10,000 workers, currently employs about 200 workers in Austin. The company plans to add 100 new jobs during the next year when it moves one of two Dallas call centers to the city.

First American Spatial Services delivered precise geographic information on real estate plots to mortgage lenders, insurance companies, government agencies and other customers.

CoreLogic, on the other hand, plans to encompass more than 20 different business lines of data, analytics and outsourcing services, as well as consumer credit and information businesses.

"It allows us to focus on our strengths of collecting data and turning it into strong analysis," David Rogers, marketing vice president for soon-to-be CoreLogic, told the Austin American-Statesman.

The additional jobs are a sign of the Austin area's healing economy, which has a low unemployment rate and has continued to add jobs as of late.

During April, the Austin-Round Rock-San Marcos area's unemployment rate decreased from 7.1 percent to 7 percent, following a decrease from 7.3 percent during March. The latest decrease keeps the area's rate below the national average at the time of 9.9 percent.

The Austin area had a total non-farm employment of 763,200 workers during April, according to the U.S. Department of Labor Bureau of Labor Statistics. This is up from 760,400 workers during March and a .1 percent increase from last year.

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