As sourced through the Texas Workforce Commission, Austin’s October unemployment rate is the lowest among the Texas major metros at 5.1%.
- Texas unemployment: 6.7%
- U.S. unemployment: 6.6%
- Texas major metro unemployment rates:
- Dallas/Ft. Worth/Arlington: 6.1%
- Houston: 7.7%
- El Paso: 7.2%
- San Antonio/New Braunfels: 6.3%
Below are the October unemployment rates for regions the Austin metro typically competes with for major economic development projects. So, in an apples-to-apples comparison, we are better than some, but not all, metro areas.
- San Francisco: 7.2%
- Boston: 6.7%
- Denver: 6.1%
- Nashville: 6.1%
- San Jose: 6.0%
- Raleigh: 5.3%
- Salt Lake: 4.1%
‘October 2020 Texas Regional Unemployment Rates,’ Labor Market & Career Information, Texas Workforce Commission.
https://www.twc.texas.gov/news/recent-press-releases. Accessed 22 November, 2020
‘Unemployment Rates for Metropolitan Areas,’ Bureau of Labor Statistics, US Department of Labor. https://www.bls.gov/web/metro/laummtrk.htm. Accessed 3 December, 2020