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Job Growth & Unemployment
March 14, 2017
Beverly Kerr, Vice President, Research
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INSIGHTS
- Austin added 34,000 net new jobs, growth of 3.5%, in the 12 months ending in January, making Austin the fifth fastest growing major metro.
- Job growth in Austin in 2016 was more robust than the preliminary estimates indicated. Growth for the 12 months ending in December, previously estimated at 1.9%, was boosted to 3.3% following annual benchmark revisions completed in March.
- Austin's seasonally adjusted unemployment rate is 3.4%, unchanged from December. The rate was 3.2% one year ago.
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