JUNE 2018 AUSTIN JOB GROWTH REPORT
• Austin added 33900 net new jobs growth of 3.3% in the 12 months ending in May making Austin the third fastest growing major metro.
• Professional and business services added the most jobs—10700 (6.1% growth).
• Austin’s seasonally adjusted unemployment rate is 2.9% down from 3.0% in April.
The Austin metropolitan area added 33900 net new jobs or 3.3% in the 12 months ending in May according to Friday’s releases of preliminary payroll jobs numbers by the Texas Workforce Commission (TWC) and the U.S. Bureau of Labor Statistics (BLS).
Austin’s 3.3% growth makes it the third best performing among the 50 largest metro areas (following Dallas and Orlando with 3.5% growth). Fort Worth up 3.0% also made the top ten. Houston (up 2.6%) and San Antonio (up 2.2%) ranked 14th and 18th respectively.