News & Resources

October 2017 Labor Market Update

Austin-Area Unemployment Drops to 2.6%

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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 2017 to 2.6% in October 2017. The 2.6% unemployment rate represented 29,300 residents seeking employment. The region’s unemployment remained more than one point below both the Texas (3.9%)** and national (3.9%)** rates.

The Austin-Round Rock MSA collectively added 9,100 jobs in October 2017. The region’s 2.5% annual growth rate represented the collective addition of 25,500 jobs since October 2016.

Further, unemployment in the Capital Area/Travis County*** decreased from 2.8%** in September 2017 to 2.5% in October 2017. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.6.

October 2017 Austin Jobs Pulse

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Latest updates for local employer growth, monthly job posting analysis, Austin MSA quick facts, and monthly civilian workforce and job growth changes.

September 2017 Labor Market Update

Austin-Area Unemployment Drops to 2.9%

David Olson 0 19 Article rating: No rating

AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA* dropped from 3.4%** in August 2017 to 2.9% in September 2017. The 2.9% unemployment rate represented 33,300 residents seeking employment. The region’s unemployment remained more than one point below both the Texas (4.0%)** and national (4.1%)** rates.

The Austin-Round Rock MSA collectively added 8,300 jobs in September 2017. The region’s 2.9% annual growth rate represented the collective addition of 23,500 jobs since September 2016.

Further, unemployment in the Capital Area/Travis County*** decreased from 3.2%** in August 2017 to 2.8% in September 2017. The 2.8% unemployment rate represented 19,661 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.  

August 2017 Labor Market Update

Austin-Area Unemployment Creeps Back Up to 3.4%

David Olson 0 19 Article rating: No rating

AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA* crept back up from 3.2%** in July 2017 to 3.4% in August 2017. The 3.4% unemployment rate represented 37,800 residents seeking employment. The region’s unemployment remained more than one point below both the Texas (4.5%)** and national (4.5%)** rates.

The Austin-Round Rock MSA collectively lost 1,900 jobs in August 2017. The region’s 2.1% annual growth rate represented the collective addition of 21,100 jobs since August 2016.

Further, unemployment in the Capital Area/Travis County*** increased from 3.1%** in July 2017 to 3.2% in August 2017. The 3.2% unemployment rate represented 22,204 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.  

July 2017 Labor Market Update

Austin-Area Unemployment Inches Down to 3.2% in July

David Olson 0 20 Article rating: No rating

AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA* inched down from 3.4%** in June 2017 to 3.2% in July 2017. The 3.2% unemployment rate represented 36,400 residents seeking employment. The region’s unemployment remained more than one point below both the Texas (4.3%)** and national (4.6%)** rates.

Despite the decrease in the overall unemployment rate, the Austin-Round Rock MSA collectively lost 8,200 jobs in July 2017. The region’s 2.4% annual growth rate represented the addition of 24,400 jobs since July 2016.

Further, unemployment in the Capital Area/Travis County*** decreased from 3.3%** in June 2017 to 3.1% in July 2017. The 3.1% unemployment rate represented 21,406 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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