Austin-Area Unemployment Drops to 2.9%
AUSTIN – Figures released by the Texas Workforce Commission today show the unemployment rate in the Austin-Round Rock MSA* dropped from 3.4%** in August 2017 to 2.9% in September 2017. The 2.9% unemployment rate represented 33,300 residents seeking employment. The region’s unemployment remained more than one point below both the Texas (4.0%)** and national (4.1%)** rates.
The Austin-Round Rock MSA collectively added 8,300 jobs in September 2017. The region’s 2.9% annual growth rate represented the collective addition of 23,500 jobs since September 2016.
Further, unemployment in the Capital Area/Travis County*** decreased from 3.2%** in August 2017 to 2.8% in September 2017. The 2.8% unemployment rate represented 19,661 residents seeking employment. The Capital Area/Travis County unemployment rate remained below the overall Austin-Round Rock MSA, state of Texas and national rates.