Texas Unemployment Rate For May Slips To 4.8 Percent

AUSTIN (AP) — The Texas unemployment rate slipped to 4.8 percent in May, the Texas Workforce Commission reported Friday.

Last month’s jobless figure compares to 5 percent statewide unemployment during April, according to a TWC statement. The nationwide unemployment rate in May was 4.3 percent.

Amarillo had the lowest unemployment in Texas last month at 3.1 percent. The McAllen-Edinburg-Mission area had the state’s highest jobless rate during May at 7.5 percent, TWC officials said.

The Texas economy expanded in May with the addition of 14,800 seasonally adjusted nonfarm jobs as part of the latest economic gains for the state, the commission statement said.

“Texas employers created 266,600 jobs over the past year and the Texas economy continues to provide competitive advantages to large and small business owners across the state,” said Andres Alcantar, TWC chairman.

Mining and logging recorded the largest private-industry gain in Texas over the month with 6,600 jobs added, according to the commission. Construction employment grew by 3,400 jobs statewide in May. Financial activities employment expanded by 3,200 jobs in Texas.

Manufacturing across Texas expanded by 1,800 jobs last month, officials said.

(© Copyright 2017 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Dallas / Fort Worth

Drip Pan: CBS Local App
Drip Pan: Weather App
Drip Pan: Restaurant Week 365

Watch & Listen LIVE