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Tuesday, December 1, 2009

 

City of Austin Jobs Added

As the state an national unemployment rates increased, more City of Austin jobs (Click here) were added last month.

Although the Austin-Round Rock area's October unemployment rate has not yet been released, Texas as a whole saw its unemployment rate increase from 8.2 percent to 8.3 percent last month, following an increase from 8 percent during September. Despite the increase, this rate is still lower than the national unemployment rate of 10.2 percent.

The Austin area had a total non-farm employment of 780,700 workers during October, according to the U.S. Department of Labor Bureau of Labor Statistics. This is up from 774,700 workers during September, but a .4 percent decrease from last year.

Six industries saw a monthly increase in employment, including: trade, transportation and utilities by 1,000 jobs; information by 100 jobs; financial activities by 100 jobs; professional and business services by 300 jobs; education and health services by 900 jobs; and government by 4,100 jobs. Employment in the other services industry remained steady at 32,400 jobs.

At the same time, six industries managed to see a yearly increase in employment, including: financial activities by 2.5 percent; professional and business services by 1 percent; education and health services by 4 percent; leisure and hospitality by 2 percent; other services by 2.9 percent; and government by 1.7 percent.

The manufacturing industry took the biggest hit when compared to last year. That industry employed 50,900 workers during October, down from 51,000 workers during September and an 11 percent decrease from last year.

In addition:

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