The Austin job market is moving. According to a recent report out, the Austin area did see a reduction in the unemployment rates in the month of December. The report, issued by the Texas Workforce Commission, was released on Friday and provides some insight into what is happening throughout the region.
According to the information, the Austin area unemployment rate in December was 6.3 percent. That ist he lowest it has been in the last two years. The state's unemployment rate fell to 7.8 percent as well. That is a drop from 8.1 percent the month before.
What does that mean for those who are looking for a job then? In the Austin area, there is some modest job growth occurring. The annual rate of job growth comes in at about two percent. In the last year, the Austin area added about 16,100 jobs, a significant number for one region. This helps to keep a positive light on the economy in the area. Is the area improving? Some reports indicate that the region will see an improvement and continued added jobs over the next year. Specifically, the executive director notes that jobs in areas such as software firms can help add work to the region.
What's your take on the economy in Texas or more specifically in Austin? Are you recently employed after spending time out of work? There is no doubt that many people living in the Austin area are still looking for work. 6.3 percent remains significantly higher than the level of unemployment it should be at. What changes are you seeing in the Austin job market personally?

