Texas’ economy continued a strong trend of growth during the month of July, according to the Texas Workforce Commission.
texas workforce commission
The Texas Workforce Commission recently released employment statistics for the state and Governor Rick Perry announced a Texas Enterprise Fund investment
The unemployment rate in Texas remains well below the national unemployment rate of 6.7 percent.
Employment decline is not particularly surprising when moving out of the holiday season, and the Lubbock MSA has added 4,000 jobs overall from January 2013 into January of 2014.
Friday, the Texas Workforce Commission released December employment statistics for the state. For the fifth consecutive month, Texas' unemployment rate dropped, in December going to 6%. Meanwhile, the national unemployment rate is 6
The highest annual growth rate among the major industries in Texas was seen in the Mining and Logging sector at 5.5 percent.
The Texas economy did add 19,900 jobs in July for a total of 293,000 jobs added since July 2012, according to the Texas Workforce Commission.
The Lubbock MSA posted a decrease of 1,200 jobs in June, with the highest decrease in the leisure and hospitality sector, followed by the government sector.
“As demonstrated by the informational session held last Thursday in Plainview for the former workers, there is still a great demand for job training and employment assistance for the displaced workers,” said Workforce Solutions South Plains CEO Martin Aguirre.
The national unemployment rate is at 7.6 percent for May, up from April’s 7.5 percent, but still down from May 2012’s 8.2 percent.