Good Unemployment News for Texas
The Lone Star State is doing pretty well compared to the rest of the nation as far as unemployment is concerned, and that is certainly good news. According to figures released by The Texas Workforce Commission, the jobless rate fell slightly in August to 7.1%, down from 7.2% in July. That figure is a full percentage point below the national unemployment rate of 8.1%.
Officials say 38,000 non-farm jobs were added in August, upping the total number of new jobs to nearly 260,000 since last year. Officials say construction jobs led the way, followed by trade, transportation and utilities. The news was not all good however, as manufacturing lost around 5,000 jobs and education and health services dropped 4,200 jobs.
Even better than the state unemployment level, Victoria has an unemployment rate of 5.4%, down from 6.4% posted in July.