News & Resources

November 2017 Labor Market Update

Austin-Area Unemployment Inches Up in November

David Olson 0 36 Article rating: No rating

AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA* grew from 2.6%** in October 2017 to 2.7% in November 2017. The 2.7% unemployment rate represented 31,300 residents seeking employment. The region’s unemployment remained one point below both the Texas (3.7%)** and national (3.9%)** rates.

The Austin-Round Rock MSA collectively added 10,100 jobs in November 2017. The region’s 2.7% annual growth rate represented the collective addition of 27,800 jobs since November 2016.

Further, unemployment in the Capital Area/Travis County*** slightly increased from 2.5%** in October 2017 to 2.6% in November 2017. The 2.6% unemployment rate represented 18,458 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.

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