Department of Numbers

Austin-Round Rock, Texas Unemployment

The BLS reported that the unemployment rate for Austin rose 0.2 percentage points in May 2023 to 3.4%. For the same month, the metro unemployment rate was 0.7 percentage points lower than the Texas rate. The unemployment rate in Austin peaked in April 2020 at 11.8% and is now 8.4 percentage points lower. From a post peak low of 2.8% in June 2022, the unemployment rate has now grown by 0.6 percentage points. You can also compare Austin unemployment with unemployment in other cities.

Unemployment Rate May 2023 Month/Month Year/Year
National 3.7% +0.3 +0.1
Texas 4.1% +0.1 +0.3
Austin 3.4% +0.2 +0.5
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2023 data as June 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 137,764. There are now 89,575 fewer people unemployed in the metropolitan area. From a recent trough of 39,705 in June 2022, the number of unemployed has now grown by 8,484. Austin employment and jobs data (including jobs lost/gained in Austin, Texas) is also available.

Unemployed Persons May 2023 Month/Month Year/Year
Austin 48,189 +1,867 +8,420

Number of Unemployed Persons

Austin, Texas Unemployment History

Date National
Unemployment Rate
Texas
Unemployment Rate
Austin
Unemployment Rate
Austin
Unemployed
June
2023
3.6%
May
2023
3.7% 4.1% 3.4% 48,189
April
2023
3.4% 4.0% 3.2% 46,322
March
2023
3.5% 4.0% 3.2% 45,003
February
2023
3.6% 4.0% 3.0% 42,950
January
2023
3.4% 3.9% 2.9% 40,791
December
2022
3.5% 3.8% 2.8% 40,073
November
2022
3.6% 3.8% 2.8% 40,082
October
2022
3.7% 3.9% 2.8% 40,096
September
2022
3.5% 3.8% 2.8% 40,062
August
2022
3.7% 3.7% 2.8% 39,977
July
2022
3.5% 3.8% 2.8% 39,810

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.