Texas Unemployment Rate Dips To 4.7 Percent
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AUSTIN (AP) - Texas added about 13,700 jobs in October as the state unemployment rate dipped to 4.7 percent, the Texas Workforce Commission reported Friday.
The adjusted unemployment rate is down slightly from the 4.8 percent recorded in September, the commission said in a release. The national unemployment rate for October was 4.9 percent.
The Austin metro region and the Amarillo-Lubbock area had the lowest unemployment rate in the state at 3.2 percent, commission officials said, while the McAllen-Edinburg-Mission area had the highest rate at 6.7 percent.
"Texas employers continue to demonstrate the resiliency of the Texas economy with 207,500 jobs added over the past year," commission Chairman Andres Alcantar said.
The transportation and utility field led the way in private industry employment growth with 8,200 additional jobs in October. Also recording growth was the financial services sector with some 4,400 jobs. Manufacturing, meanwhile, expanded by an estimated 2,000 jobs.
"Private-sector employment has been strong over the year with an overall job growth of 162,700," Commissioner Ruth R. Hughs said.
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