Data: Austin unemployment rate increases in June
AUSTIN (KXAN) — The unemployment rate in the Austin-Round Rock metro increased slightly from May 2024 to June 2024, according to Texas Workforce Commission (TWC) data.
TWC said the unemployment rate in the metro was now at 3.8%, with 56,143 unemployed residents.
According to the data, the Austin metro unemployment rate was below the Texas (4.5%) and national rate (4.3%) in June, and from May to June, the Austin metro gained 4,900 jobs.
May to June job growth:
- mining, logging and construction (1,600)
- trade, transportation and utilities (1,200)
- manufacturing (800)
- private education and health services (700)
- government (600)
- leisure and hospitality (400)
- other services (400)
- financial activities (300)
May to June job losses:
- Professional business services (-1,100)
Annual increases:
- Mining, logging and construction (4.7%)
- other services (4.2%)
- 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%)
- manufacturing (0.3%)
Annual Decreases:
- Information (-4.2%)
- professional and business services (-0.7%)