News & Resources

December 2018 Labor Market Update

Austin-Area Unemployment Steady at 2.7% in December

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AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA stayed at 2.7% in December 2018. The 2.7% unemployment rate represented 33,000 residents seeking employment. The region’s unemployment rate remained nearly one point below both the Texas (3.6%) and national (3.7%) rates.

The Austin-Round Rock MSA collectively added 3,200 jobs in December 2018. The region’s 3.5% annual growth rate represented the collective addition of 36,800 jobs since December 2017.

Further, unemployment in the Capital Area/Travis County remained unchanged at 2.6% from November 2018 through December 2018. The 2.6% unemployment rate represented 19,104 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.

Workforce Solutions Capital Area Board of Directors Welcomes 9 New Members

Members Represent Many of Austin’s Key Economic Aspects

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AUSTIN – Workforce Solutions Capital Area welcomes nine new members to its Board of Directors, representing many industry sectors and organizations in the Austin region. The Board of Directors’ 26 members are volunteer community leaders representing business, education, labor, economic development, community-based organizations, and government.

“We’re excited to welcome our new Board Members, because they bring a wide variety of perspectives and ideas—and share the same strong enthusiasm—for making Austin an even greater place to live and work,” said Cesiah Kessler, Board Chair and Senior Regional Vice President at Experis.

Tamara Atkinson, Chief Executive Officer at Workforce Solutions Capital Area, said, “The strength of a community depends on the people that live in it, so it is valuable to have Austin community leaders on our Board of Directors to guide us toward improving the quality of life of Austin residents and enhancing the economic competitiveness of the Austin/Travis County area.”

The new members began their three-year terms on November 1, 2018.

November 2018 Labor Market Update

Austin-Area Unemployment Unchanged at 2.7% in November

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AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA stayed at 2.7% in November 2018. The 2.7% unemployment rate represented 32,400 residents seeking employment. The region’s unemployment rate remained nearly one point below both the Texas (3.5%) and national (3.5%) rates.

The Austin-Round Rock MSA collectively added 5,000 jobs in November 2018. The region’s 3.3%annual growth rate represented the collective addition of 35,200 jobs since November 2017.

Further, unemployment in the Capital Area/Travis County remained unchanged at 2.6% fromOctober 2018 through November 2018. The 2.6% unemployment rate represented 18,879 residentsseeking employment. The Capital Area/Travis County unemployment rate remained below the overallAustin-Round Rock MSA, state of Texas and national rates.

October 2018 Labor Market Update

Austin-Area Unemployment Drops to 2.7% in October

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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 2018 to 2.7% in October 2018. The 2.7% unemployment rate represented 32,400 residents seeking employment. The region’sunemployment rate remained nearly one point below both the Texas (3.5%) and national (3.5%) rates.

The Austin-Round Rock MSA collectively added 5,600 jobs in October 2018. The region’s 3.9% annual growth rate represented the collective addition of 40,400 jobs since October 2017.

Further, unemployment in the Capital Area/Travis County also decreased from 2.9% in September 2018 to 2.7% in October 2018. The 2.7% unemployment rate represented 18,917 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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Workforce Solutions Capital Area is an Equal Opportunity Employer/Program. Auxiliary aids and services are available, upon request, to persons with disabilities. Relay Texas: 1.800.735.2989 (TDD) / 711 (Voice).

Equal Opportunity is the Law