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December 22, 2012

State's jobless falls to 6.2 percent

Special to the Register

Austin — The Texas unemployment rate fell to 6.2 percent in November, down from 6.6 percent in October and 7.3 percent at the start of 2012. The unemployment rate in Texas remains well below the national rate of 7.7 percent. Texas employers added 22,100 total nonfarm jobs in November for a total of 278,800 jobs added over the year.

“Texas employers have added 278,800 jobs over the past 12 months with growth in 10 of 11 industry sectors during that period,” said Texas Workforce Commission (TWC) Chairman Andres Alcantar. “TWC is committed to working with our local workforce development boards and other partners to deliver quality workforce solutions that contribute to economic success.”

Eight out of 11 major industries in Texas added jobs in November. Trade, Transportation, and Utilities led the way with 20,600 jobs added over the month—the largest monthly jump ever seen in that industry. Trade, Transportation, and Utilities has added a total of 69,600 jobs over the last year.

“Texas is showing sustained economic strength, and our unemployment rate is now the lowest that it has been since December 2008,” said TWC Commissioner Representing Labor Ronny Congleton. “For those Texans still looking for work, TWC can help. Visit WorkInTexas.com to find a job that’s right for you.”

Leisure and Hospitality employment grew by 6,500 positions in November. This industry has now experienced growth for four consecutive months. Leisure and Hospitality has added 49,900 jobs since November 2011.

Education and Health Services added 4,700 jobs over the month, totaling 45,700 jobs added over the year.

“Private sector employers continue to lead the way to growth and prosperity in Texas,” said TWC Commissioner Representing Employers Tom Pauken. “We’ve seen 266,400 private sector jobs added in Texas over the past year, and we’re maintaining a 3.0 percent annual growth rate.”

The Midland Metropolitan Statistical Area (MSA) had the lowest November unemployment rate in the state at 3.0 percent. The Odessa MSA came in second at 3.6 percent, and the Amarillo MSA third at 4.1 percent (not seasonally adjusted).

 

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