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Texas Workforce Commision Releases July Employment Statistics

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According to the report, 19,100 nonfarm jobs were added in June increasing the total added jobs from June 2013 to 371,000. Texas’ unemployment rate remained steady through June at 5.1 percent, down from last year’s rate of 6.4 percent. Texas remained below the national unemployment rate in June of 6.1.

Lubbock’s unemployment rate rose during this period seven tenths of a percent to 4.5 percent, but still ranks among the lowest unemployment rates in the state.

Texas Workforce Commission Chairman Andres Alcantar said every major industry expanded over the year with the mining and logging industries leading the pack.

Closer to home, regional unemployment rates include Amarillo at 4 percent, Odessa at 3.6 percent, San Angelo at 4.3 percent and Abilene at 4.4 percent. Midland posted the lowest June unemployment rate in the state at 2.9 percent with Odessa and Amarillo in second and third respectively.

Texas Workforce Commission Commissioner Representing Labor Ronny Congleton said Texas’ economy offers diverse opportunities for job seekers.

“From teachers and health care workers to truck drivers and accountants – Texas is hiring,” Congleton said. “I encourage those seeking these opportunities to take advantage of the workforce services available through TWC by visiting their local Workforce Solutions office for help finding the job that’s right for them.”

On July 18, Governor Rick Perry announced a Texas Enterprise Fund investment that is expected to bring more money and jobs to the state. The $3.9 million investment in Omnitracs LLC, is expected to create 450 jobs and $10 million in capital investment. The San Diego based fleet management solutions company is moving its headquarters to Dallas.

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“Employers of all sizes and from all industries know that Texas’ model of low taxes, smart regulations, fair courts and skilled workforce provide the best chance for their success now and well into the future,” Said Perry. “Omnitracs is the latest employer to call Dallas home, creating hundreds of jobs in the area and pumping millions in capital into the local economy.”

The Texas Legislature created the Texas Enterprise Fund in 2003 in an effort to ensure the growth of business and the creation of jobs throughout the state. According to Governor Perry’s office, to date, the Texas Enterprise Fund has invested more than $560 million to date and generated 74,000 new jobs.

 

 

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