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Unemployment rate remains below 3% in Midland MSA

City of Midland News Release Posted on November 18, 2024

MIDLAND MSA POSTS LOWEST JOBLESS RATE IN TEXAS IN OCTOBER

(Nov. 18, 2024)

MIDLAND, TEXAS -- The Midland metropolitan statistical area (MSA) again posted the lowest unemployment rate in Texas in October, according to the Texas Workforce Commission.

The report, which was released Friday (Nov. 15, 2024), showed Midland as the lone MSA in the state with an unemployment rate below 3%. The 2.8% jobless rate was better than Amarillo’s 3.1% rate. College Station-Bryan (3.2%), Abilene (3.5%) and Austin-Round Rock (3.5%) rounded out the lowest five rates in Texas. The Workforce Commission also showed a state average of 4.1% in October and a national average of 3.9%.

Other highlights from the report included a 2.5% growth rate in the civilian labor force inside the Midland MSA.

Unemployment rate in Midland

October 2024: 2.8%

October 2023: 2.3%

September 2024: 2.6%

Civilian Labor Force in Midland

October 2024: 118,400

October 2023: 115,400

September 2024: 118,200

Lowest unemployment rates in Texas

Midland 2.8%

Amarillo 3.1%

College Station-Bryan 3.2%

Abilene 3.5%

Austin-Round Rock 3.5%

State Average: 4.1%

National average: 3.9%

Lowest unemployment rates in West Texas

Midland 2.8%

Amarillo 3.1%

Abilene 3.5%

Lubbock 3.6%

Odessa 3.7%

San Angelo 3.8%

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Source: Texas Workforce Commission