Austin 10th fastest-growing metro in country, according to latest national jobs report


Austin is the 10th fastest-growing major metro in the country, adding 23,500 net new jobs between September 2016 and September 2017 at a growth rate of 2.3 percent, according to the latest jobs reports from the Texas Workforce Commission and the U.S. Bureau of Labor Statistics.

The report, released on Friday, Oct. 20, listed Nashville as the fastest growing major metro. Dallas and Fort Worth came in second and third place respectively.

The fastest growing industry in the Austin metro area is construction and natural resources, which saw a 6.2 percent increase in jobs over the past 12 months.

Education and health services added the most jobs of any industry—6,600—at a growth rate of 5.6 percent.

For the sixth month in a row, manufacturing jobs outpaced private industry growth at a growth rate of 4.1 percent.

Austin’s unemployment rate, at 2.7 percent, is the lowest its been since December 2000.

In September, the national unemployment rate was 4.2 percent, according to the most recent data from the Bureau of Labor Statistics. Texas’ unemployment rate, at 4.0 percent, is in the middle range nationally.

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Emma Freer
Emma Freer began covering Central Austin for Community Impact Newspaper in 2017. Her beat includes the Travis County Commissioners Court and local business news. She graduated from Columbia Journalism School in 2017.
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