Austin area sees unemployment drop as Texas adds 13,700 jobs

Texas’s economy added an estimated 13,700 nonfarm jobs in October, indicating a less than 1 percent increase from September, according to the latest Texas Workforce Commission report. Nonfarm jobs increased by 207,500 statewide, or 1.7 percent year-on-year, since October 2015. Texas’s unemployment rate decreased slightly from 4.8 percent in September to 4.7 percent in October. By comparison, the national unemployment rate dropped from 5 percent in September to 4.9 percent in October. In the Austin-Round Rock metropolitan statistical area, labor force estimates showed a decrease in the unemployment rate from 3.5 percent in September to 3.2 percent in October, but with 3,400 fewer […]

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Source: Community Impact- Round Rock