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, 44.8% of adults have at least a bachelor's degree, compared to 32.0% 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, 2017
LABOR FORCE
EMPLOYMENT
UNEMPLOYMENT
NUMBER
RATE
Austin MSA
1,152,626
1,116,938
35,688
3.1%
Bastrop Co.
40,124
38,709
1,415
3.5%
Caldwell Co.
18,406
17,694
712
3.9%
Hays Co.
108,012
104,634
3,378
3.1%
Travis Co.
698,755
677,830
20,925
3.0%
Williamson Co.
287,330
278,071
9,259
3.2%
Unemployment Rates
201220132014201520162017
Austin MSA5.7%5.2%4.2%3.4%3.3%3.1%
Texas6.7%6.3%5.1%4.4%4.6%4.3%
U.S.8.1%7.4%6.2%5.3%4.9%4.4%
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.