State Jobless Rate Drops; Local Rates Were Flat

AUSTIN (November 16, 2012)--The Texas unemployment rate slipped to 6.6 percent in October from 6.8 percent in September for the second straight month of declines, but local rates, which aren’t seasonally adjusted, remained essentially unchanged.

Waco’s unemployment rate dropped to 5.9 percent in October from 6.0 percent in September. In October 2011 it was 7.2 percent.

The rate for the Killeen-Temple-Fort Hood area was unchanged from October to September at 7.0 percent. In October 2011, it was 8.1 percent.

Texas Workforce Commission Chairman Andres Alcantar said the Texas economy continues to show strength compared to the national private sector.

The Texas unemployment rate remains more than a full percentage point below the national jobless figure of 7.9 percent.

“Private sector employers in Texas continue to drive our state’s economic growth, having added 269,000 jobs over the year for an annual growth rate of 3.0 percent,” he said.

The Austin-based TWC says employers across Texas added 36,600 total nonfarm jobs last month for a total of 277,400 jobs added over the year.

The Midland area had the lowest October unemployment rate in Texas at 3.3 percent.


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