News & Resources

October 2017 Labor Market Update

Austin-Area Unemployment Drops to 2.6%

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AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA* dropped from 2.9%** in September 2017 to 2.6% in October 2017. The 2.6% unemployment rate represented 29,300 residents seeking employment. The region’s unemployment remained more than one point below both the Texas (3.9%)** and national (3.9%)** rates.

The Austin-Round Rock MSA collectively added 9,100 jobs in October 2017. The region’s 2.5% annual growth rate represented the collective addition of 25,500 jobs since October 2016.

Further, unemployment in the Capital Area/Travis County*** decreased from 2.8%** in September 2017 to 2.5% in October 2017. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.

October 2017 Austin Jobs Pulse

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Latest updates for local employer growth, monthly job posting analysis, Austin MSA quick facts, and monthly civilian workforce and job growth changes.

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