Austin unemployment ticks up in February as economy cools

The sheen of Austin’s robust economy is losing some of its shine.
The unemployment rate in the metro increased to 3.7 percent in February, compared with 3.1 percent the same period a year earlier, according to new data released Friday by the Texas Workforce Commission. The labor force grew by 32,482 people in the past year, but job creation hasn’t kept up, and the number of unemployed people in the area increased by 7,222, from 34,437 to 41,659, over the same span.
The sky isn’t falling but the…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/03/24/austin-unemployment-ticks-up-in-february-as.html?ana=RSS%26s=article_search

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