Overall unemployment rate stayed flat at 2.8% with the biggest shift in Restaurants & Hotels, which gained 5,000 roles, based on the most recently available information published in January 2022.

Total employment in the Austin-Round Rock, TX market rose by 9,238 jobs in November and the unemployment rate stayed flat. The national unemployment rate decreased by 4 bps over the same time to 3.4%.

  • Austin-Round Rock, TX unemployment rate is 56 bps below the national rate which is a positive sign.
  • Unemployment in the market is 40 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in November versus prior month by 1.2% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Austin-Round Rock, TX Unemployment November 2022

For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:

  • Business Services: 261,500; -2,300
  • Transportation & Utilities: 205,800; +4,600
  • Government: 187,000; +900
  • Restaurants & Hotels: 153,200; +5,000
  • Education & Healthcare: 147,600; +1,800
  • Financial Services: 77,900; +800
  • Construction, Mining: 72,500; -800
  • Manufacturing: 71,300; no change
  • IT & Development: 50,600; +500
  • Other Jobs: 47,100; +500
Austin-Round Rock, TX Unemployment by Industry November 2022

Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.