Austin’s Low Unemployment Rate Continues to Outshine TX, US

For an up-to-date Unemployment chart with the latest data, click here.

The latest data on unemployment rates is out and available in interactive charts at http://AustinHome.Pro/data or http://AustinHome.Pro/statistics.  Austin shines yet again with a strikingly low unemployment rate, and national media has taken notice.  The great news is that unemployment rates have continued to drop across the board, a great sign that the economy is recovering as experts predicted.

  • 8.7% – National Unemployment Rate for April 2009
  • 6.4% - Texas Unemployment Rate for April 2009
  • 5.8% – Austin Unemployment Rate for April 2009

unemployment may 2009

The Statesman reported recently that

job_growth_unemployment_rate_austinThe national job market remains challenging, but Central Texas continues to create new jobs, according to figures released Friday by the Texas Workforce Commission.

The region added jobs at a 0.4 percent rate during April, and its unemployment rate fell to 5.8 percent from 6.2 percent in March. A year ago, the rate was 3.5 percent.

The percent growth rate translates into 3,480 new jobs between April 2008 and April 2009.

For the third month in a row, Austin was the only large Texas city to add jobs. Dallas lost jobs at a 2 percent annual rate last month, and its 6.7 percent unemployment rate was the highest among large Texas cities.

The news is in deed good, even if many have good reason to remain cautious for now.  It’s a good time to be proud to be a Texan, as our strong state economy has sheltered us from what appears to have been the worst of this economic storm.  And you should be even more proud that Austin continues to rank #1 against even the biggest US cities.

states_unemployment_rates_april_2009

May figures are trickling in so keep an eye out for them at AustinHome.Pro!

Comments

  1. Bob says:

    There are still jobs, for people who know how to get them.

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