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
3.2%โ†“
Austin MSA
Labor Force
1530.7M
Total Nonfarm Jobs
1.4M
+0.7% YoY
Avg Weekly Wage
$1,757

Unemployment Analysis

12-month trend across the metro

MSA Unemployment Rate Trend
2024-12-012025-12-01

County Comparison

๐Ÿ“Š
Regional Insight

Travis has the lowest unemployment at 3.2%, performing at the metro average. Strong job markets often correlate with increased construction activity.

Construction Sector

The engine of regional growth

166K
Construction Jobs
-2.6% YoY
327,541
Active Projects
Across 5 counties
$1080.04B
Project Pipeline
Total investment
Construction Employment Trend
2025-01-012025-12-01
12.0%
of total nonfarm employment

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

$248.1B
Regional GDP

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

Wages & Income

Earning potential in Central Texas

$1,757
Weekly Wage
$91,364
Annual (est.)
$80,471
Per Capita Income
โ€”
Wage Growth YoY

MSA Snapshot

Total Labor Force
1530.7M
Counties Covered
5
Best Performing
Travis
3.2% unemployment
Full MSA Report โ†’

Data from FRED ยท Texas TDLR

Updated: 1/1/2026