Austin-Area Unemployment Steady at 2.6% in October<
AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA stayed the same from 2.6% in September 2019 to 2.6% in October 2019. The 2.6% unemployment rate represented 31,384 residents seeking employment. The region’s unemployment rate remained below both the Texas (3.3%) and national (3.3%) rates.
The Austin-Round Rock MSA collectively added 12,200 jobs in October 2019. The region’s 2.6% annual growth rate represented the collective addition of 27,800 jobs since October 2018.
Further, unemployment in the Capital Area/Travis County decreased from 2.5% in September 2019 to 2.4% in October 2019. The 2.4% unemployment rate represented 18,045 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin- Round Rock MSA, state of Texas and national rates.