AUSTIN, Texas – According to data released today from the Texas Workforce Commission, the Austin-Round Rock MSA* unemployment rate increased slightly from May 2024 to June 2024, and is now at 3.8%**, as represented by 56,143 unemployed residents. Key takeaways include:
- The Austin metro unemployment rate remains below the Texas (4.5%) and national rate (4.3%) in June.
- According to TWC, the Austin metro gained 4,900 jobs from May to June. The region has experienced an annual growth rate of 1.7%, representing the collective addition of 22,500 jobs since June 2023.
- Furthermore, TWC reports unemployment in the Capital Area/Travis County region*** increased slightly to 3.7% from May to June, representing 32,234 unemployed residents.
- Note: The unemployment data released today is not seasonally adjusted.
June Job Growth/Losses by Industry in the Austin-Round Rock MSA:
- Monthly Increases: Industries that experienced regional job growth from May to June include mining, logging and construction (1,600), trade, transportation and utilities (1,200) and manufacturing (800).
- Other industries that experienced monthly job growth include private education and health services (700), government (600), leisure and hospitality (400), other services (400) and financial activities (300).
- Monthly Decreases: Professional business services (-1,100) experienced regional job losses from May to June.
- Annual Increases: Mining, logging and construction experienced the greatest regional job growth over the past 12 months with an increase of 4.7%, followed by other services (4.2%).
- Other industries that experienced annual job growth include private education and health services (3.8%), government (3.1%), leisure and hospitality (2.7%), trade, transportation and utilities (1.5%), financial activities (1.4%) and manufacturing (0.3%).
- Annual Decreases: Information (-4.2%) and professional and business services (-0.7%) experienced an annual decrease from June 2023 to June 2024.
On Aug. 2 and 3, Workforce Solutions Capital Area and neighboring workforce board Workforce Solutions Rural Capital Area will host a director and teacher symposium at the Kalahari Resorts & Conventions Center in Round Rock, Texas. Early childhood educators in Central Texas will have the chance to network with other professionals in the area and gain valuable knowledge to grow in their profession.
“It’s a pleasure to collaborate with Workforce Solutions Rural Capital Area to help improve teaching effectiveness and student outcomes in Central Texas,” Tamara Atkinson, CEO of Workforce Solutions Capital Area, said. “Having educators come together to share their knowledge helps cultivate our local workforce efforts with new ideas and vital, proven strategies.”
Sessions will be held by experienced researchers and specialists in education, focusing on early childhood development, integrating children with special needs in the classroom, youth physical safety tips and much more. Sessions on Aug. 2 will focus on how to run and market your business successfully, and sessions on Aug. 3 will be focused on childcare development. Aug. 3 sessions will also be available in Spanish.
This partnership event underscores the commitment to strengthening our future workforce by fostering professional growth among our region’s early childhood education professionals. By empowering our community’s education leaders, these organizations are advancing educational excellence in Central Texas, all with the invaluable support of volunteers and experts.
Licensed or registered child care providers who have a provider agreement with Workforce Solutions Capital Area or Rural Capital Area can register or learn more by visiting: https://www.eventbrite.com/cc/early-childhood-director-teacher-symposium-2196649.
Tickets for the day for teachers are sold out and a waitlist is available.
Workforce Solutions Capital Area’s three career centers across Austin are available by phone, email, or in-person to serve residents and businesses impacted by economic changes caused by COVID-19. 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, Twitter 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.
