AUSTIN (KXAN) – While the number of jobs in Texas reached a new record, information from the Texas Labor Market indicated the unemployment rate in Austin increased from April’s 2.5% to 2.7% in May, according to Workforce Solutions Capital Area.
However, data from the Texas Workforce Commission showed the Austin metro unemployment rate remained below Texas’ 3.8% and the overall U.S. rate of 3.4%. The TWC also said the Austin metro gained 1,600 jobs from April to May.
In the Austin-Round Rock Metropolitan Statistical Area, which includes Bastrop, Caldwell, Hays, Travis and Williamson counties, the industries that saw the most growth from April to May were government, professional and business services, leisure and hospitality, information and manufacturing.
The industries that experienced an industry decrease between April and May were education and health services, other services and mining, logging and construction.
Governor Greg Abbott issued a statement Friday celebrating the TWC’s release of May employment numbers.
The numbers show continuing economic expansion, as Texas employers added 74,200 jobs over the month – more than any other state – and again, smashing all previous records for total jobs at 13,357,100.
Gov. Abbott says, “Texas again leads the nation for job creation thanks to continuing investments by innovative, resilient Texas businesses and the best workforce in America. More Texans are working than ever before as we again break all previous records for total jobs. This economic momentum in the Lone Star State, despite the challenges businesses are facing across the country, is more proof that of the two competing economic models in our nation—offering the freedom to succeed versus strangling businesses with overregulation and over-taxation—the Texas model works. I look forward to continuing working with businesses large and small as we spur ongoing job creation and expanding opportunity for Texans in all regions of this great state.”