Austin-Area Unemployment Drops to 3.0% in February
AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA decreased to 3.0% in February 2019. The 3.0% unemployment rate represented 36,542 residents seeking employment. The region’s unemployment rate remained nearly one point below both the Texas (3.9%) and national (4.1%) rates.
The Austin-Round Rock MSA collectively added 10,505 jobs in February 2019. The region’s 2.3% annual growth rate represented the collective addition of 23,800 jobs since February 2018.
Further, unemployment in the Capital Area/Travis County fell to 2.9% from January 2019 through February 2019. The 2.9% unemployment rate represented 21,158 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.