U.S. employers hired at a stellar pace last month, wages rose by the most in six years, and Americans responded by streaming into the job market to find work.
The Texas unemployment rate slipped to 4.6 percent in December for a fourth straight month of declines.
The Labor Department says the unemployment rate remained at a six-year low of 5.8 percent, as the United States continues to outperform other major economies.
The Texas unemployment rate slipped to 5.1 percent in October for a second straight month of declines.
The Texas unemployment rate declined slightly to 5.2 percent in September as the state’s seasonally adjusted civilian labor force topped 13 million for the first time, the Texas Workforce Commission reported Friday.
U.S. employers added 248,000 jobs last month, a burst of hiring that drove down the unemployment rate to 5.9 percent, the lowest since July 2008.
The Texas Workforce Commission on Friday announced the rate increased from the 5.1 percent recorded in June and July. The national unemployment rate stood at 6.1 percent.
The number of U.S. job openings remained near the highest level in 13 years in July, and companies also stepped up hiring that month to the fastest pace in nearly seven years, two signs the job market is slowly healing.
The Texas Workforce Commission on Friday announced last month’s jobless figure matches the state’s unemployment rates for May and June.
Unemployment rates fell in nearly all U.S. states last month, and half the states now have rates below 6 percent. The figures are a sign of widespread, if slow, improvement in the nation’s job market.
The Texas unemployment rate has slipped to 5.5 percent and compares favorably to the national average of 6.7 percent.
The Texas unemployment rate remained at 5.7 percent for the second straight month, continuing to reflect the state’s lowest jobless figure since November 2008.