Unemployment Down Statewide After 43K Jobs Added

By: Michael Oder Email
By: Michael Oder Email

AUSTIN The Texas Workforce Commission said Friday that seasonal adjusted unemployment fell in Texas to 6.2 percent, down from 6.3 percent in September. That's well below the national unemployment rate of 7.3 percent in October.

The commission reported that in October, Texas added over 7,400 non-farm jobs. That brought the total to an estimated 11,232,700 jobs. In September, Texas added some 36,400 non-farm jobs, bringing the two month total to 43,400.

"The private sector in Texas recorded a strong annual growth rate of 2.9 percent in October, adding nearly 265,000 jobs over the year," said Texas Workforce Commission (TWC) Chairman Andres Alcantar. "We encourage job seekers, in particular our returning veterans, to visit their local Workforce Solutions office for assistance in finding work."

Seven out of 11 industries that added jobs in October included Leisure and Hospitality, which expanded by 7,600 positions; Professional and Business Services, which added 5,000 jobs; and Trade, Transportation and Utilities, which grew by 3,700 positions.

"It's good to see our unemployment rate declining for three consecutive months, from 6.5 percent in July to 6.2 percent in October," said TWC Commissioner Representing Labor Ronny Congleton. "Positive economic growth means continued employment opportunities for the job seekers and workers of Texas."

Industries such as Mining and Logging, and Professional and Business Services, continued to show annual growth in Texas. Mining and Logging added 15,000 jobs over the year, while Professional and Business Services added 73,200. Both of these industries have grown by more than 5.0 percent over the year.

"The Texas economy continues to move forward, with every major industry in the state showing positive growth over the last year," said TWC Commissioner Representing Employers Hope Andrade.

The Midland Metropolitan Statistical Area (MSA) had the lowest October unemployment rate in the state at 3.1 percent. The Odessa MSA came in second at 3.6 percent and the Amarillo MSA third at 4.4 percent (not seasonally adjusted).

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