Austin 2013 August Unemployment figures by Bureau of labor Statistics show that over the last ten years Austin's labor force has increased by 27.4% while
Unemployment dropped from 6.2% to 5.2% a 16.1% decrease. That's while BLS Figures show Texas' Labor force over the last ten years has increased by 16.5%
while Unemployment has dropped from 6.9% to 6.2% a decrease of 10.1%. Clearly it seems Austin still remains the top destination for people migrating to
Texas. It is interest a large amount of Texas Employment growth over the last ten years has been fueled by Oil and Natural Gas exploration as Oil Prices
have considerably increased over the last ten years. But a quick observation quickly shows that Austin Metro Area has no oil and gas explorations and this
makes Austin’s employment growth much more impressive.
Texas Labor Force as of August 2003:10,967,0967
Austin Labor Force as of August 2003:770,891
Texas Labor Force as of August 2013:12,780,464
Austin Labor Force as of August 2013:982,494
1. BLS Austin Data
2. BLS Texas Data