Austin-Area Unemployment Slightly Increases in March
Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA increased slightly from 3.0% in February 2018 to 3.1% in March 2018. The 3.1% unemployment rate represented 36,800 residents seeking employment. The region’s unemployment rate remained one point below both the Texas (4.1%) and national (4.1%) rates.
The Austin-Round Rock MSA collectively added 3,300 jobs in March 2018. The region’s 3.6% annual growth rate represented the collective addition of 36,800 jobs since March 2017.
Further, unemployment in the Capital Area/Travis County also increased slightly from 2.9% in February 2018 to 3.0% in March 2018. The 3.0% unemployment rate represented 21,561 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.