For an up-to-date Unemployment chart with the latest data, click here.
The latest data on unemployment rates is out and available in interactive charts at http://AustinHome.Pro/data or http://AustinHome.Pro/statistics. Austin shines yet again with a strikingly low unemployment rate, and national media has taken notice. The great news is that unemployment rates have continued to drop across the board, a great sign that the economy is recovering as experts predicted.
- 8.7% – National Unemployment Rate for April 2009
- 6.4% - Texas Unemployment Rate for April 2009
- 5.8% – Austin Unemployment Rate for April 2009

The Statesman reported recently that
The national job market remains challenging, but Central Texas continues to create new jobs, according to figures released Friday by the Texas Workforce Commission.
The region added jobs at a 0.4 percent rate during April, and its unemployment rate fell to 5.8 percent from 6.2 percent in March. A year ago, the rate was 3.5 percent.
The percent growth rate translates into 3,480 new jobs between April 2008 and April 2009.
For the third month in a row, Austin was the only large Texas city to add jobs. Dallas lost jobs at a 2 percent annual rate last month, and its 6.7 percent unemployment rate was the highest among large Texas cities.
The news is in deed good, even if many have good reason to remain cautious for now. It’s a good time to be proud to be a Texan, as our strong state economy has sheltered us from what appears to have been the worst of this economic storm. And you should be even more proud that Austin continues to rank #1 against even the biggest US cities.

May figures are trickling in so keep an eye out for them at AustinHome.Pro!
The national job market remains challenging, but Central Texas continues to create new jobs, according to figures released Friday by the Texas Workforce Commission.
If you visit this site regularly, then you’ve already heard me preach that the economy in Texas (and in its largest 4 cities) continues to buck national trends. I have so many frazzled buyers asking me “Why are all the crazy sellers in Austin trying to sell their home without slashing the price in half?” My answer often falls on deaf ears… Because unlike the hard-hit areas like Florida and Nevada, Texas has always had steady growth and appreciation, never doubling or trippling overnight. We have no out of control boom to recover from, there is no crash because our economy is healthier than other states’ and even the nation.
It happens to the best of us, we all get bummed out from time to time. I literally grew up in this business. I spent my first 7 years in the first
The Austin Business Journal
Homebuilders, on the other hand, have their hands tied. Now is a great time to start new construction because although demand is lower than average, new starts are WAY below average. So in 6 months, when home is complete, the summer buying season is here, and we (hopefully) see the end to this economic slowdown as predicted, a builder could be in great shape. The trouble is, practically no one is loaning on construction or in the commercial sector in general. This means that the builders can’t get the new loan to start a new project and their business cycle is halted immediately.
The Austin City Council recently amended the Restricted Parking Area Map for 

Here’s where
so many solicitations for the “best” service out there for Realtors® you wouldn’t believe it. They all just want a piece of my pocket, and like I said earlier, I’m frugal and spend each penny carefully. I want the best return for my dollar because it’s the best return for my clients as well.
