News & Resources

June 2018 Labor Market Update

Austin-Area Unemployment Inches Up to 3.2% in June

Tiffany Daniels 0 0 Article rating: No rating

AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA* increased from 2.8% in May 2018 to 3.2% in June 2018. The 3.2% unemployment rate represented 38,100 residents seeking employment. The region’s unemployment rate remained significantly below both the Texas (4.2%)** and national (4.2%)** rates.

The Austin-Round Rock MSA collectively added 5,500 jobs in June 2018. The region’s 3.4% annual growth rate represented the collective addition of 35,700 jobs since June 2017.

Further, unemployment in the Capital Area/Travis County*** also increased from 2.7% in May 2018 to 3.1% in June 2018.  The 3.1% unemployment rate represented 22,087 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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