Austin unemployment stays low in July 2014

AUSTIN – Unemployment in Austin dropped in July compared to July 2013, according to the Texas Workforce Commission, but ticked slightly higher than what was seen in June.

The Austin area’s seasonally unadjusted unemployment rate in July 2014 stood at 4.6 percent. It was 5.6 percent in July 2013. But it’s up slightly compared to June, when unemployment was only 4.4 percent.

Statewide, the Texas economy added 46,600 seasonally adjusted nonfarm jobs in July. Texas’ unemployment rate during the month was 5.1 percent, below the national unemployment rate of 6.2 percent.

The professional and business services industry contributed the most to the state’s July job growth, adding 10,600 jobs.

So far in 2014, Texas has added more than 396,200 jobs.

For more employment stats, see the Texas Workforce Commission and Austin-Round Rock-San Marcos Market Data Sources.