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February 2018 Labor Market Update

Austin-Area Unemployment Holds Steady in February

David Olson 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* remain unchanged at 3.0% from January 2018 to February 2018. The 3.0% unemployment rate represented 36,000 residents seeking employment. The region’s unemployment remained one point below both the Texas (4.1%)** and national (4.4%)** rates.

The Austin-Round Rock MSA collectively added 9,700 jobs in February 2018. The region’s 3.7% annual growth rate represented the collective addition of 37,300 jobs since February 2017.

Further, unemployment in the Capital Area/Travis County*** also remained unchanged at 2.9% from January 2018 to February 2018. The 2.9% unemployment rate represented 21,155 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.

January 2018 Labor Market Update

Austin-Area Unemployment Ticks Up in January

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AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA* grew from 2.7%** in December 2017 to 3.0% in January 2018. The 3.0% unemployment rate represented 35,000 residents seeking employment. The region’s unemployment remained one point below both the Texas (4.2%)** and national (4.5%)** rates.

The Austin-Round Rock MSA collectively lost 8,300 jobs in January 2018. The region’s 3.7% annual growth rate represented the collective addition of nearly 37,000 jobs since January 2017.

Further, unemployment in the Capital Area/Travis County*** grew from 2.6%** in December 2017 to 2.9% in January 2018. The 2.9% unemployment rate represented 20,503 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.

December 2017 Labor Market Update

Austin-Area Unemployment Holds Steady 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* remained unchanged at 2.7%** from November 2017 to December 2017. The 2.7% unemployment rate represented 30,800 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 1,200 jobs in December 2017. The region’s 2.9% annual growth rate represented the collective addition of 30,000 jobs since December 2016.

Further, unemployment in the Capital Area/Travis County*** remained unchanged at 2.6%** from November 2017 to December 2017. The 2.6% unemployment rate represented 18,146 residents seeking employment.

November 2017 Labor Market Update

Austin-Area Unemployment Inches Up 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* 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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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).

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