News Flash

Home

Posted on: December 6, 2019

Texas unemployment remains low as job growth accelerates slightly in October

Dallas Morning News

Texas unemployment held at historic lows in October as job growth accelerated slightly over the previous year to add 30,100 jobs, according to data released Friday by the Texas Workforce Commission.

For the fifth consecutive month, statewide unemployment remained at a historic low of 3.4%. Texas employers have added 297,100 jobs so far this year.

“October labor market data is great news for Texas workers,” TWC Commissioner Representing Labor Julian Alvarez said in a statement. “Their skills continue to be in high demand and more and more individuals are finding employment. These numbers are a wonderful reminder of why I am proud to be a Texan.”

Texas started 2019 with a jobless rate of 3.8% that later fell to 3.4% in June, where it’s held since. Current levels of unemployment are the lowest seen in the state since Texas started tracking it in 1976. This time last year, Texas unemployment was slightly higher at 3.7%.

The low jobless rate is indicative of a continued tightness in statewide labor markets, according to Federal Reserve Bank of Dallas assistant economist Christopher Slijk.

“Anecdotally, that’s what we continue to hear in our surveys [with employers] that there’s broadly more difficulty in finding qualified workers,” Slijk said.

Texas job growth for the month was led by the trade, transportation and utilities industry in October adding 9,700 jobs. The professional and business services sector added another 6,300 jobs.

Read Full Dallas Morning News Article

Facebook Twitter Email

Other News in Home

Trinity Street Building Project

Posted on: July 23, 2020

State Street Pizza Opening Soon

Posted on: July 8, 2020

State Street Pizza is Hiring!

Posted on: July 14, 2020

Sweet Chicks Reopening June 2nd

Posted on: May 29, 2020

Voter Registration Deadline

Posted on: June 15, 2020
WC Messenger

Decatur ISD Proposes Pay Raises

Posted on: June 16, 2020
Decatur-EDC-Logo

Rescue Grant Application Extended

Posted on: June 18, 2020
WC Messenger

Wise County Economic Relief Fund

Posted on: May 27, 2020

Decatur Texas Seniors Send Off

Posted on: May 19, 2020

Estate Planning Class - Decatur, TX

Posted on: February 26, 2020
WC Messenger

WHS updates COVID-19 testing numbers

Posted on: March 30, 2020

Small Town Compassion - Decatur, TX

Posted on: April 2, 2020
Inland360_Logo

Easter in Isolation

Posted on: April 10, 2020

Drive Thru Food Pantry Pick-Up

Posted on: April 23, 2020

Wise County Open at 25% Capacity

Posted on: May 1, 2020

Wise County Open at 50% Capacity

Posted on: May 1, 2020

Texas Continuing to Reopen

Posted on: May 5, 2020

Decatur EDC Business Rescue Grant

Posted on: May 14, 2020

Decatur EDC Business Rescue Grant

Posted on: May 15, 2020

Friendsgiving Feast

Posted on: November 14, 2019
Texas Real Estate Center

Monthly Review of the Texas Economy

Posted on: November 18, 2019

Veteran Benefit Auction - Valor Ranch

Posted on: November 20, 2019

Family Fun Night at Nock It Archery Center

Posted on: November 22, 2019

The North Texas Economic Forum

Posted on: December 2, 2019

Texas Economic Indicators

Posted on: December 4, 2019

Save the Date - Sportsmen Banquet

Posted on: December 12, 2019
WC Messenger

County’s sales taxes continue to roll in

Posted on: February 10, 2020
Energy Worldnet Logo

Soft Skills Workshop in Wise County, Texas

Posted on: February 11, 2020

TODAY IS ELECTION DAY!

Posted on: November 5, 2019
Sweet Chicks Dessert Shoppe Decatur TX

Sweet Chicks Dessert Shoppe Opening

Posted on: November 7, 2019