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Showing posts from November 20, 2022

Per KXAN News; Austin Texas unemployment stands lower than Texas, national rates

AUSTIN Austin unemployment stands lower than Texas, national rates by: Abigail Jones , Taylor Girtman Posted: Nov 20, 2022 / 10:06 AM CST. click here for the direct link to the KXAN online article Updated: Nov 21, 2022 / 05:58 AM CST AUSTIN (KXAN) — While the state makes record job gains, the Austin metro’s unemployment rate sits 1% lower than the Texas rate and also lower than the national rate. Austin’s unemployment stands at 2.8%—unchanged from September—with over 38,000 unemployed people in the Austin metro area. This is lower than Texas’ 3.8% unemployment rate and below the 3.4% national rate, according to Workforce Solutions Capital Area, which covers Austin and Travis County. The Austin metro added about 14,200 jobs between September and October, with a total of 56,900 jobs added since October 2021. The professional/business services, leisure/hospitality, government, trade, transportation/utilities and manufacturing industries saw job growth from September to October. Workforce