AUSTIN, TX – Unemployment figures for the nation stand at 3.3 percent (in September), down from 3.8 percent last month and 4.6 percent in September of 2021.
That rate is slightly better than the rate in Texas, where according to the Texas Workforce Commission, the state currently has a rate of 3.8 percent in September, down from 4.2 percent in August and 5.1 percent one year ago.
The Lubbock metro area is the tenth-largest labor market in the state but has the second-lowest unemployment rate when comparing the top ten, at 3.1 percent.
The Amarillo and Austin-Round Rock Metropolitan Statistical Areas (MSA) continued to record the lowest unemployment rates among Texas MSAs with a rate of 2.8 percent each in September, followed by Midland at 3.0 percent, then College Station-Bryan and Lubbock both at 3.1 percent.