AUSTIN, Texas – According to data released today from the Texas Workforce Commission, the Austin-Round Rock MSA* unemployment rate decreased slightly from August 2024 to September 2024, and is now at 3.4%**, as represented by 51,540 unemployed residents. Key takeaways include:
- The Austin metro unemployment rate remains below the Texas (4.1%) national rates (3.9%) in September.
- According to TWC, the Austin metro gained 10,200 jobs from August to September. The region has experienced an annual growth rate of 2.0%, representing the collective addition of 27,300 jobs since September 2023.
- Furthermore, TWC reports unemployment in the Capital Area/Travis County region*** decreased slightly to 3.3% from August to September, representing 29,684 unemployed residents.
- Note: The unemployment data released today is not seasonally adjusted.
September Job Growth/Losses by Industry in the Austin-Round Rock MSA:
- Monthly Increases: Industries that experienced regional job growth from August to September include government (5,100), private education and health services (1,900) and leisure and hospitality (1,300).
- Other industries that experienced monthly job growth include professional and business services (1,200), trade, transportation and utilities (1,100) and mining, logging and construction (500).
- Monthly Decreases: Financial activities (-400), other services (-300) and information (-200) experienced regional job losses from August to September.
- Annual Increases: Mining, logging and construction experienced the greatest regional job growth over the past 12 months with an increase of 6.2%, followed by leisure and hospitality (4.8%).
- Other industries that experienced annual job growth include other services (3.8%), private education and health services (3.8%), government (2.3%), trade, transportation and utilities (1.9%), financial activities (0.6%), manufacturing (0.3%) and professional and business services (0.1%).
- Annual Decreases: Information (-4.6%) experienced an annual decrease from September 2023 to September 2024.
On Nov. 7, Workforce Solutions Capital Area will host its 13th annual job fair for veterans, transitioning service members and their spouses, Hiring Red, White & You! The event will take place at the Millennium Youth Entertainment Complex from 10 a.m. to 1 p.m., and job seekers will be able to connect with city and statewide employers.
“Helping veterans build meaningful careers is an honor we don’t take lightly,” Tamara Atkinson, CEO of Workforce Solutions Capital Area, said. “We are proud to stand with those who have served our country by offering sustainable career pathways that empower them and their families to flourish. Their dedication inspires us, and we remain committed to ensuring that they have the resources and opportunities needed to achieve lasting success.”
From 10 a.m. to noon, the event will offer Veterans’ Priority Service Hours, providing resources specifically for veterans, military spouses and transitioning service members. The event will be open to the public from noon to 1 p.m. Workforce Solutions Capital Area will host this event in partnership with the Texas Workforce Commission, Texas Veterans Commission and the Texas Medical Center.
Veterans bring an invaluable perspective to the workforce and Workforce Solutions Capital Area wants to ensure they have access to fulfilling opportunities. By connecting them with city and statewide employers, we’re helping build a better future for our community and these individuals.
Workforce Solutions Capital Area’s career centers across Austin are available by phone, email, or in-person to help residents plan their careers and increase their income, as well as provide employers with tailored business solutions at various levels of support. Residents seeking assistance can contact 512-454-9675 or visit wfscapitalarea.com to learn about services and resources for job seekers, employers, parents and students.
Workforce Solutions Capital Area is the non-profit organization that serves as the leadership and governing body for the Austin/Travis County area workforce system. They are responsible for the planning, oversight, and evaluation of workforce development activities in the Capital Area. Learn more at WFSCapitalArea.com and follow along on Facebook, LinkedIn, Instagram, X and YouTube.
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*The Austin-Round Rock Metropolitan Statistical Area includes Bastrop, Caldwell, Hays, Travis, and Williamson counties.
**Unemployment rates listed are not seasonally adjusted.
***The Capital Area Workforce Development Area includes Travis County.
