Austin-Area Unemployment Unchanged at 2.7% in November

AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA stayed at 2.7% in November 2018. The 2.7% unemployment rate represented 32,400 residents seeking employment. The region’s unemployment rate remained nearly one point below both the Texas (3.5%) and national (3.5%) rates.

The Austin-Round Rock MSA collectively added 5,000 jobs in November 2018. The region’s 3.3%annual growth rate represented the collective addition of 35,200 jobs since November 2017.

Further, unemployment in the Capital Area/Travis County remained unchanged at 2.6% from October 2018 through November 2018. The 2.6% unemployment rate represented 18,879 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.

 

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