Rural Capital Area Labor Force, Employment Swell in July; Unemployment at 3.9%
The economy of the Rural Capital Area of Central Texas continues to experience remarkable growth, fueled by innovative employers expanding their operations to leverage the region’s exceptional workforce while also attracting new residents who are seeking to enhance their skills for local careers in high-demand fields. While the unadjusted unemployment rate in the region edged up to 3.9 percent in July 2023, up from June’s 3.5 percent, the available labor force in the area grew by 4,802 residents. Employment also saw an uptick as 2,427 more workers connected with employers, according to figures released today by the Texas Workforce Commission.