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May - June 2019 Austin Jobs Pulse

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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August 2019 Labor Market Update

Austin-Area Unemployment Drops to 2.8% in August

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AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA decreased from 2.9% in July 2019 to 2.8% in August 2019. The 2.8% unemployment rate represented 33,673 residents seeking employment. The region’s unemployment rate remained below both the Texas (3.6%) and national (3.8%) rates.

The Austin-Round Rock MSA collectively added 100 jobs in August 2019. The region’s 2.1% annual growth rate represented the collective addition of 22,200 jobs since August 2018.

Further, unemployment in the Capital Area/Travis County decreased from 2.8% in July 2019 to 2.7% in August 2019. The 2.7% unemployment rate represented 19,476 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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