By Economic Editor
Of the 51 largest metro areas with a population greater than 1 million here in the United States, Austin-Round Rock finished the month of May with the lowest unemployment rate of 2.9 percent. In fact, there were three Texas metro areas that finished in the top 10 for the month of May, according to the Bureau of Labor and Statistics.
As previously mentioned, Austin Round-Rock finished first with an unemployment rate of 2.9 percent, San Antonio-New Braunfels finished tied for fifth with an unemployment rate of 3.4 percent, and Dallas-Fort Worth-Arlington finished tied for eighth with an unemployment rate of 3.5 percent. That’s the most of any state. However, for the month of May, Texas finished 22nd in the union with a 4.4 percent unemployment rate.
Here are the rest of the metro areas on in the top 10 list. Did your metro area finish in the top 10?
| Rank | Metropolitan Area | Rate |
|---|---|---|
| 1 | Austin-Round Rock, TX Metropolitan Statistical Area | 2.9 |
| 2 | Nashville-Davidson–Murfreesboro–Franklin, TN Metropolitan Statistical Area | 3.0 |
| 3 | Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area | 3.1 |
| 4 | Denver-Aurora-Lakewood, CO Metropolitan Statistical Area | 3.3 |
| 5 | San Antonio-New Braunfels, TX Metropolitan Statistical Area | 3.4 |
| 5 | San Francisco-Oakland-Hayward, CA Metropolitan Statistical Area | 3.4 |
| 5 | San Jose-Sunnyvale-Santa Clara, CA Metropolitan Statistical Area | 3.4 |
| 8 | Boston-Cambridge-Nashua, MA-NH Metropolitan NECTA | 3.5 |
| 8 | Dallas-Fort Worth-Arlington, TX Metropolitan Statistical Area | 3.5 |
| 10 | Salt Lake City, UT Metropolitan Statistical Area | 3.6 |
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Categories: Economic News
