Austin-Area Unemployment Rises to 3.3% in January
AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA increased to 3.3% in January 2019. The 3.3% unemployment rate represented 40,161 residents seeking employment. The region’s unemployment rate remained nearly one point below both the Texas (4.2%) and national (4.4%) rates.
The Austin-Round Rock MSA collectively lost 11,600 jobs in January 2019. The region’s 2.6% annual growth rate represented the collective addition of 27,100 jobs since January 2018.
Further, unemployment in the Capital Area/Travis County rose to 3.2% from December 2018 through January 2019. The 3.2% unemployment rate represented 23,330 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin- Round Rock MSA, state of Texas and national rates.