AUSTIN, Texas – According to data released today from the Texas Workforce Commission, the Austin-Round Rock MSA* unemployment rate did not change from May 2023 to June 2023, and is still at 3.5 %**, as represented by 50,414 unemployed residents. Key takeaways include:
- The Austin metro unemployment rate remains below the Texas (4.2%) and national rates (3.8%) in June.
- According to TWC, the Austin metro gained 10,800 jobs from May to June. The region has experienced an annual growth rate of 4.4%, representing the collective addition of 56,300 jobs since June 2022.
- Furthermore, TWC reports unemployment in the Capital Area/Travis County region*** remained the same at 3.4% from May to June, representing 29,328 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 professional and business services (3,800), private education and health services (2,400), and mining, logging and construction (1,600).
- Other industries that experienced monthly job growth include manufacturing (1,400), financial activities (1,000), information (700) and other services (700).
- Monthly Decreases: Government (-600) and trade, transportation and utilities (-200) experienced regional job losses from May to June.
- Annual Increases: Leisure and hospitality experienced the greatest regional job growth over the past 12 months with an increase of 6.6%, followed by professional and business services (6.5%).
- Other industries that experienced annual job growth include mining, logging and construction (5.5%), manufacturing (5.4%) and private education and health services (5.4%).
- Annual Decreases: No industries experienced an annual decrease from June 2022 to June 2023.
As working parents in our community continue to face challenges finding affordable, available child care services, Workforce Solutions Capital Area is committed to helping eligible parents secure quality child care to eliminate barriers to working and training to provide for their families.
“Workforce Solutions Capital Area not only helps connect parents to quality child care options, but we provide professional development and training to the child care providers that are offered through our child care assistance program,” Tamara Atkinson, CEO of Workforce Solutions Capital Area, said. “We invest in our child care partners to make sure that they have access to valuable learning opportunities and are continuing to positively impact children’s lives through their important work.”
From August 4 – 5, Workforce Solutions Capital Area will host the annual Child Care Symposium, where participating child care providers, including their directors and teachers, can participate in trainings covering topics such as best business practices, learning styles, parent involvement and more. The free symposium will allow attendees to learn and grow in their fields and the event will be led by local organizations and leaders in the child care industry, including Austin Public Health, Conscious Discipline, United Way for Greater Austin, childhood education professionals and more.
As a part of the ongoing commitment to support child care providers in adhering to the high standards that are designed to enhance the intellectual, physical, and social development of children in care, Workforce Solutions Capital Area implemented a Quality Improvement Program in which participating child care partners can continue to grow and improve. This valuable program helps providers access free trainings and tools to meet national quality standards and provides peace of mind to parents, knowing their children are receiving the best care possible.
As a part of the Quality Improvement Program, the Jeannette Watson Wage Supplement Project is a salary supplement for eligible professionals who have furthered their education in early childhood education or a closely related field. In 2022, Workforce Solutions Capital Area awarded 271 Jeanette Watson Wage Supplement recipients for their dedication to improving quality of care.
To learn more about the quality improvement programs offered by Workforce Solutions Capital Area, please visit https://www.wfscapitalarea.com/our-services/childcare/for-providers/.
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.
