In 2013 Austin had its worst year for job creation since the recession — but it would still be a stretch to describe the local labor market as anything other than robust. Employers in the metro area added 23,700 jobs during 2013, an increase of 2.8 percent, according to Texas Workforce Commission.
It was the first time Austin’s annual job-creation rate dipped under 3 percent since 2009. The local jobless rate dropped to 4.5 percent in December, down from 4.7 percent the month before.
Read more...Austin jobless rate drops to lowest point in five years via Real Estate Center at Texas A&M