In the last week, the following two stories were published on regional unemployment:"The unemployment rate in the Austin area dropped slightly in August as seasonally-expected hiring offset some of the significant job losses the region has endured.""California’s unemployment rate in August hit its highest point in nearly 70 years, starkly underscoring how the nation’s incipient economic recovery continues to elude millions of Americans looking for work."These stories continue to underscore how lucky we have been in Austin. When in comes to real estate values, nothing is more important than employment. People who . . .
