Jul 12, 2022 | In the News
The labor market across the country has changed significantly since 2020, leaving employers struggling to fill roles and retain employees as businesses compete for talent. A new Texas Workforce Commission report out this month found the unemployment rate in Austin is...
Jun 29, 2022 | In the News
A shortage of skilled workers continues to strain Austin’s economy but industry leaders see a path that could benefit both businesses and students and allow Central Texas to continue its rapid growth. Workforce Solutions Capital Area, a nonprofit workforce development...
Jun 26, 2022 | In the News
Coordinating among entities that supply workers can be daunting. However, Austin is one of the metropolitan areas that is doing this well – and the city’s success can be an example for other communities looking to shore up their economic futures in the heartland and...
Jun 19, 2022 | In the News
With Austin’s unemployment rate reaching lows since the pandemic, the scramble to fill jobs at all levels reaching new highs. The region’s unemployment rate currently stands at 2.7%, putting workers in the driver’s seat and pressuring thoseh iring to...
Jun 18, 2022 | In the News
While the number of jobs in Texas reached a new record, information from the Texas Labor Market indicated the unemployment rate in Austin increased from April’s 2.5% to 2.7% in May, according to Workforce Solutions Capital Area. However, data from the Texas Workforce...
Jun 17, 2022 | In the News
Since December, Austin’s unemployment rate has returned to pre-pandemic levels and job growth has exceeded norms. However, this quick economic recovery has created a skills gap, which is generated from a mismatch between the skill level job seekers have and what...