The recovering economy in the Austin metro area has so far been able to shake off fears surrounding the renewed coronavirus surge, with the local unemployment rate falling to a pandemic-era low of 4.2% in July. Employers in the region added a combined 5,600 jobs last month, according to the Texas Workforce Commission, bringing total nonfarm employment to 1.14 million — about even with the number of people who were employed in the Austin area in February 2020, just before the pandemic sent the economy nationwide into a tailspin.
Full Article here: Austin’s jobless rate falls to 4.2%
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