Overview

Among the region's strong assets is the Central Texas workforce, representing one of the most educated talent pools in the country. In the Austin metro, 46.6% of adults have at least a bachelor's degree, compared to 32.6% nationally, putting Austin in the top 10 among the largest metros. The region benefits from over 50 colleges and universities and 400,000 enrolled students within a 100-mile radius. Our growing workforce is young and eager, with a median age that is over four years younger than that of the rest of the nation.


Labor Force, Employment & Unemployment, 2018
LABOR FORCE
EMPLOYMENT
UNEMPLOYMENT
NUMBER
RATE
Austin MSA
1,190,773
1,156,064
34,709
2.9%
Bastrop Co.
41,423
40,038
1,386
3.3%
Caldwell Co.
18,990
18,303
687
3.6%
Hays Co.
111,605
108,286
3,319
3.0%
Travis Co.
721,943
701,664
20,279
2.8%
Williamson Co.
296,812
287,774
9,039
3.0%
Unemployment Rates
201320142015201620172018
Austin MSA5.2%4.2%3.4%3.3%3.1%2.9%
Texas6.6%5.1%4.4%4.6%4.3%3.9%
U.S.7.4%6.2%5.3%4.9%4.4%3.9%
Employment, Austin MSA
Employment Growth

Note: Time series of annual and monthly numbers for these and additional workforce indicators are updated monthly on the Chamber's Economic Indicators page.

Source: Texas Workforce Commission, Local Area Unemployment Statistics.