Labor Market Analysis

Austin Employment

Dive deep into Central Texas's labor market. From unemployment trends to wage growth, and how the construction sector powers regional job creation.

Unemployment Rate
3.9%โ†‘
Austin MSA
Labor Force
โ€”
Total Nonfarm Jobs
1.4M
+0.6% YoY
Avg Weekly Wage
$1,756

Unemployment Analysis

12-month trend across the metro

MSA Unemployment Rate Trend
2024-09-012025-08-01

County Comparison

๐Ÿ“Š
Regional Insight

Travis has the lowest unemployment at %, performing at the metro average. Strong job markets often correlate with increased construction activity.

Construction Sector

The engine of regional growth

164K
Construction Jobs
-1.8% YoY
1,000
Active Projects
Across 5 counties
$5.39B
Project Pipeline
Total investment
Construction Employment Trend
2024-09-012025-08-01
11.9%
of total nonfarm employment

Construction makes up a significant portion of Austin's job market, well above the national average.

โ€”
Regional GDP

The construction pipeline helps fuel economic output and attracts further investment.

Wages & Income

Earning potential in Central Texas

$1,756
Weekly Wage
$91,312
Annual (est.)
$
Per Capita Income
โ€”
Wage Growth YoY

MSA Snapshot

Total Labor Force
โ€”
Counties Covered
5
Best Performing
Travis
% unemployment
Full MSA Report โ†’

Data from FRED ยท Texas TDLR

Updated: 10/1/2025