Austin-Round Rock metro area employment up 49.9 percent over past 10 years

U.S. Bureau of Labor Statistics
MAY 18, 2023

Over the 10 years ended March 2023, nonfarm employment in the Austin-Round Rock, Texas, metropolitan area increased 49.9 percent, the highest percentage increase among the nation's 51 large metropolitan areas (those with a population of at least 1 million in the 2010 Census). There were increases over 35.0 percent in three other large areas: Nashville-Davidson--Murfreesboro--Franklin, Tennessee; Riverside-San Bernardino-Ontario, California; and Orlando-Kissimmee-Sanford, Florida. Employment grew by 1.5 percent or less over the past 10 years in Buffalo-Cheektowaga-Niagara Falls, New York; Pittsburgh, Pennsylvania; and Rochester, New York.

Over the 5-year period ended March 2023, the large metro areas with the highest percentage increases in employment were Austin-Round Rock, Texas (23.0 percent); Dallas-Fort Worth-Arlington, Texas (15.4 percent); and Nashville-Davidson--Murfreesboro--Franklin, Tennessee (15.0 percent). There were 3 large metro areas with employment decreases of at least 2.0 percent over the past 5 years: New Orleans-Metairie, Louisiana; Rochester, New York; and Milwaukee-Waukesha-West Allis, Wisconsin.

Over the year ended March 2023, nonfarm employment increased in 35 of the large metro areas and was essentially unchanged in the remaining 16 areas. The highest over-the-year percentage increases in employment in these metro areas occurred in Las Vegas-Henderson-Paradise, Nevada (5.3 percent), and Austin-Round Rock, Texas (5.2 percent), followed by Dallas-Fort Worth-Arlington, Texas, and Jacksonville, Florida (each 5.1 percent) and Tampa-St. Petersburg-Clearwater, Florida (5.0 percent).

Six metro areas were among the 10 fastest-growing large metro areas over the past 1 year, past 5 years and past 10 years. These were Austin-Round Rock, Texas; Nashville-Davidson--Murfreesboro--Franklin, Tennessee; Raleigh, North Carolina; Dallas-Fort Worth-Arlington, Texas; Las Vegas-Henderson-Paradise, Nevada; and Jacksonville, Florida.

These data are from the Current Employment Statistics (State and Metro Area) program and are not seasonally adjusted. Data for the most recent month are preliminary. To learn more, see "Metropolitan Area Employment and Unemployment — March 2023." Also see charts related to the latest "Metropolitan Area Employment and Unemployment" news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Austin-Round Rock metro area employment up 49.9 percent over past 10 years at https://www.bls.gov/opub/ted/2023/austin-round-rock-metro-area-employment-up-49-9-percent-over-past-10-years.htm (visited May 19, 2023).