Austin metro's unemployment rate ticks down again indicating tight labor market

Austin metro's unemployment rate ticks down again indicating tight labor market

Real Estate Broker · Austin, TX · Member since 2015 · 715 posts · 527 votes

New unemployment statistics indicate the region's jobless rate actually fell in April to 3% down from 3.5% in March and only slightly higher than 2.9% a year ago, according to figures from the Texas Workforce Commission. A jobless rate of 3% or below is widely considered "full employment" by economists, or the point at which most people who want a job have one

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  • Investor · Miami Beach, FL · Member since 2017 · 362 posts · 109 votes
    2y

    Thanks Neil for sharing

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