Austin jobless rate falls to 2.9 percent in October 2017

Posted by Haval Abbas on Monday, November 20th, 2017 at 3:01pm.

While Texas employment rate fell to 3.9% in October, Austin-area unemployment rate reached its lowest point in almost 17 years.

According to the Texas Workforce Commission, the rate for the Austin metro area dropped to 2.6 percent in October, down from 2.9 percent the prior month and to its lowest point since it hit 2.3 percent in December 2000.

Read more from the Austin Statesman: Austin jobless rate at 2.6 percent as employers add jobs, labor force shrinks.

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