News & Resources

January 2020 Labor Market Update

Austin-Area Unemployment Rises to 2.7%

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AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA rose from 2.4% in December 2019 to 2.7% in January 2020. The 2.7% unemployment rate represented 34,489 residents seeking employment. The region’s unemployment rate remained below both the Texas (3.8%) and national (4.0%) rates.

The Austin-Round Rock MSA collectively lost 15,400 jobs in January 2020. The region’s 3.6% annual growth rate represented the collective addition of 39,400 jobs since January 2019.

Further, unemployment in the Capital Area/Travis County increased from 2.3% in December 2019to 2.6% in January 2020. The 2.6% unemployment rate represented 19,890 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 Stands with Austin to Support Workers and Businesses Impacted by COVID-19 Concerns

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AUSTIN – Workforce Solutions Capital Area reaffirms our support to Austin’s businesses and workers disrupted by concerns around the COVID-19 and offers an array of resources to help employers avert layoffs, and assist workers to find and keep employment. The Workforce Solutions’ team stands ready to provide proactive, business-focused responses to retaining workers and assisting in the event of a layoff.

Austin’s economy remains strong, with many job openings available for workers. As of March 10, 2020, Workforce Solutions Capital Area reported over 31,700 jobs postings in the Arts and Entertainment, and Hospitality and Tourism industries alone.

Workforce Solutions Capital Area offers at no cost many resources for Central Texans whose employment is impacted by concerns related to COVID-19. For businesses facing a layoff or closure as a result of economic changes related to COVID-19, Workforce Solutions Capital Area offers early intervention such as layoff aversion and outplacement services, at no cost, with a proactive, business-focused approach

 

Workforce Solutions Capital Area Joins Healthcare Workforce Alliance of Central Texas for Annual Nursing Academy for Local High School Students

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AUSTIN – High school juniors and seniors in the Austin metro area with an interest in healthcare can explore the ins and outs of an in-demand occupation at the annual Nursing Academy on February 11, 2020 at Texas A&M University’s (TAMU) Health Science Center in Round Rock. Workforce Solutions Capital Area has partnered with the Healthcare Workforce Alliance of Central Texas (hwACT), TAMU and local nursing programs to host this event.

More than 70 students from 17 schools and 13 different districts have registered to attend this daylong event. Participating students will spend time with regional experts to better understand college and nursing school admissions and interact with current nursing students from local programs. Students will also participate in nursing-based learning activities in the simulation center.

“Healthcare is a key industry in the Austin metro area, and healthcare employers will require more skilled workers as Austin continues to grow,” said Tamara Atkinson, Chief Executive Officer at Workforce Solutions Capital Area. “Many nursing occupations are in high demand, and events like the Nursing Academy help connect healthcare providers with their future skilled nurses.”

December 2019 Labor Market Update

Austin-Area Unemployment Dips to 2.4%

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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 2.5% in November 2019 to 2.4% in December 2019. The 2.4% unemployment rate represented 30,028 residents seeking employment. The region’s unemployment rate remained below both the Texas (3.3%) and national (3.4%) rates.

The Austin-Round Rock MSA collectively added 6,100 jobs in December 2019. The region’s 3.5% annual growth rate represented the collective addition of 37,800 jobs since December 2018.

Further, unemployment in the Capital Area/Travis County fell from 2.4% in November 2019 to 2.3% in December 2019. The 2.3% unemployment rate represented 17,327 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.

November 2019 Labor Market Update

Austin-Area Unemployment Lowest in 19 Years

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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 2.6% in October 2019 to 2.5% in November 2019. The 2.5% unemployment rate represented 31,359 residents seeking employment. The region’s unemployment rate remained below both the Texas (3.3%) and national (3.3%) rates.

The Austin-Round Rock MSA collectively added 3,800 jobs in November 2019. The region’s 2.7% annual growth rate represented the collective addition of 29,000 jobs since November 2018.

Further, unemployment in the Capital Area/Travis County remained at 2.4% from October 2019 to November 2019. The 2.4% unemployment rate represented 18,067 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