Texas unemployment rate 7.1 percent in August
AUSTIN, Texas (AP) — The unemployment rate in Texas in August matched the revised July figure of 7.1 percent as steady job growth continued, according to state jobless data released Friday.
The Texas Workforce Commission said the July jobless rate was revised downward from 7.2 percent, and the August figure was a full percentage point below the number from a year ago. The national unemployment rate is 8.1 percent.
The state economy added 38,000 nonfarm jobs in August for a total of nearly 260,000 jobs added since last year, according to commission figures.
"A major component to Texas' long-term economic development is consistent job growth, and that is exactly what we are seeing across a number of different industries," said commission Chairman Andres Alcantar.
Construction led the way among sectors with 13,600 jobs added, followed closely by trade, transportation and utilities with 13,100 positions. Manufacturing dropped 5,100 jobs, while education and health services was down by 4,200 jobs.
Unemployment rates are adjusted for seasonal trends in hiring and firing, which most economists believe gives a more accurate picture of the job market. Without the seasonal adjustment, the jobless rate in Texas was 7 percent in August.
Midland was the only market with unemployment below 4 percent, coming in at 3.8 percent, down from 4.2 percent in July. The McAllen area still has the highest rate at 11.7 percent, but was down from 12.3 percent in July. Local rates are not seasonally adjusted.
The preliminary local jobless rates for August, with revised July numbers in parentheses, were:
—Abilene 5.7 (6.3)
—Amarillo 5.0 (5.5)
—Austin-Round Rock-San Marcos 5.9 (6.4)
—Beaumont-Port Arthur 10.7 (11.4)
—Brownsville-Harlingen 11.1 (11.6)
—College Station-Bryan 6.3 (6.8)
—Corpus Christi 6.5 (7.0)
—Dallas-Plano-Irving 7.0 (7.4)
—El Paso 9.5 (10.1)
—Fort Worth-Arlington 6.9 (7.3)
—Houston-Sugar Land-Baytown 7.0 (7.5)
—Killeen-Temple-Fort Hood 7.7 (8.3)
—Laredo 7.1 (7.8)
—Longview 6.2 (6.6)
—Lubbock 5.8 (6.4)
—McAllen-Edinburg-Mission 11.7 (12.3)
—Midland 3.8 (4.2)
—Odessa 4.5 (4.8)
—San Angelo 5.5 (6.0)
—San Antonio-New Braunfels 6.7 (7.3)
—Sherman-Denison 7.7 (7.9)
—Texarkana 7.2 (7.7)
—Tyler 7.2 (7.4)
—Victoria 5.7 (6.4)
—Waco 6.7 (7.4)
—Wichita Falls 6.6 (7.2)