Department of Numbers

Austin-Round Rock, Texas Unemployment

The BLS reported that the unemployment rate for Austin fell 0.0 percentage points in January 2023 to 2.9%. For the same month, the metro unemployment rate was 1.0 percentage points lower than the Texas rate. The unemployment rate in Austin peaked in April 2020 at 11.6% and is now 8.7 percentage points lower. From a post peak low of 2.9% in May 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Austin unemployment with unemployment in other cities.

Unemployment Rate January 2023 Month/Month Year/Year
National 3.4% -0.1 -0.6
Texas 3.9% +0.1 -0.4
Austin 2.9% 0.0 -0.4
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2023 data as February metro level unemployment data has not yet been released.

Unemployment Rate: Austin, Texas, National

Austin, Texas monthly unemployment rate chart

Note: Recessions shown in gray.

Austin, Texas Unemployed

The number of people unemployed in Austin peaked in April 2020 at 134,045. There are now 94,065 fewer people unemployed in the metropolitan area. From a recent trough of 38,624 in September 2022, the number of unemployed has now grown by 1,356. Austin employment and jobs data (including jobs lost/gained in Austin, Texas) is also available.

Unemployed Persons January 2023 Month/Month Year/Year
Austin 39,980 +961 -4,099

Number of Unemployed Persons

Austin, Texas Unemployment History

Date National
Unemployment Rate
Texas
Unemployment Rate
Austin
Unemployment Rate
Austin
Unemployed
February
2023
3.6%
January
2023
3.4% 3.9% 2.9% 39,980
December
2022
3.5% 3.8% 2.9% 39,019
November
2022
3.6% 3.8% 2.9% 38,938
October
2022
3.7% 3.9% 2.9% 38,839
September
2022
3.5% 3.8% 2.9% 38,624
August
2022
3.7% 3.7% 2.9% 38,854
July
2022
3.5% 3.8% 2.9% 38,843
June
2022
3.6% 3.8% 2.9% 39,002
May
2022
3.6% 3.8% 2.9% 39,405
April
2022
3.6% 3.8% 3.0% 40,067
March
2022
3.6% 3.9% 3.1% 41,372

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.