Austin-Area Unemployment Ticks Up in January
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.
