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By the numbers: Austin unemployment lowest since 2001By the numbers: Austin unemployment lowest since 2001https://www.recenter.tamu.edu/news/newstalk-texas/?Item=4962015-07-02T07:04:00Z2015-07-02T10:00:00Z

AUSTIN - Over the past 12 months, Austin employers have added roughly 32,200 jobs, growing its workforce by 3.5 percent and pushing the area's unemployment rate to its lowest level since 2001, according to Greater Austin Chamber of Commerce's latest Economic Indicators report.

Concurrently, the Austin area's number of unemployed workers has declined by slightly more than 10,000 between May 2014 and May 2015, cutting the overall number of unemployed workers in the region by more than 23 percent during that period.

Austin's 3.5 percent workforce growth rate between May 2014 and May 2015 makes it the eighth-fastest growing metro area in the nation for jobs.

The report also confirms that Austin is entering a new era of record-low unemployment. The seasonally adjusted unemployment rates is currently hovering around 3.2 percent, according to the report, the lowest it has been since February 2001.

Fastest Growing Among Top 40 U.S. Metro Areas
  Nonfarm payroll
jobs May 2015
May 2014-2015 Rank
Difference % Chg.
San Jose MSA 1,057,400 57,100 5.7 1
San Francisco MDiv 1,046,800 42,500 4.2 2
Riverside MSA 1,332,200 51,800 4.0 3
Orlando MSA 1,153,200 44,000 4.0 4
Salt Lake City MSA 678,200 25,400 3.9 5
Dallas MDiv 2,372,600 86,000 3.8 6
Seattle MDiv 1,599,000 56,000 3.6 7
Austin MSA 947,400 32,200 3.5 8
Fort Lauderdale MDiv 802,100 26,700 3.4 9
Anaheim MDiv 1,548,800 50,700 3.4 10


Read more at the Austin Business Journal and the Chamber’s Economic Indicators report.

Austin Business Journal
Austin-Round Rock
Employment
http://www.bizjournals.com/austin/news/2015/07/01/by-the-numbers-austin-unemployment-at-lowest-level.htmlRead more at {Source}

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