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Trinity Standard - Local News
Stories Added - December 2010
Copyright 2010 - Polk County Publishing Company

Unemployment rate holds at 8.4%
Trinity Standard -

TRINITY – After falling in September to its lowest level in over a year, unemployment remained unchanged at 8.4 percent during October. According to the latest figures now available from the Texas Workforce Commission (TWC), the September and October rates are the lowest reported for the county since the 8.1 percent listed for May 2009. Since then, the county’s rates have hovered around the 9 percent range, reaching a 20-year high of 9.4 percent in January of this year. The latest rate is down from the 8.7 percent jobless number posted for August and from the 8.7 percent listed for October 2009. The latest number translates to mean that out of an estimated labor force of 6,023 people, there were 505 county residents looking for work during September. In September, TWC listed a revised estimated labor force of 6,045 with 506 people searching for jobs. The October rate marks the 18th consecutive month that the local rate has been above 8.0 percent. Statewide, October’s actual unem¬ployment rate of 7.9 percent also was unchanged from the September number. It was down from the 8,.0 percent jobless figure recorded in October 2009. When seasonal factors are added to the equation, the state’s October adjusted unemployment rate was listed at 8.1 percent. This was unchanged from both the September rate and the October 2009 figure. The actual national unemploy-ment rate for October was listed at 9.0 percent, which was down from the 9.2 percent rate posted for September. It also was down from the 9.5 percent rate recorded for October 2009. October’s sea¬sonally adjusted U.S. rate of 9.6 percent was unchanged from the September figure but was down significantly from the October 2009 rate of 10.1 percent. According to TWC officials, the state’s total nonfarm employment was up by 47,900 jobs in October, representing the addition of 172,800 jobs in the last year. They also noted the current seasonably adjusted rate of 8.1 percent continues to trend well below the U.S. rate. “Every major industry added jobs in October with notable increases in construction employment,” said TWC Chairman Tom Pauken. “Texas recorded its second month with an unemployment rate at 8.1 percent, the lowest rate of 2010. Construction industry employment increased by 8,800 positions in October, the largest monthly increase since April 2010. The mining and logging sector added 1,200 jobs in October, representing job growth of 30,800 over the past year. Employment in manufacturing increased by 1,100 jobs during the month for a total of 26,400 jobs added since October 2009. “Job growth continued in October creating opportunities for Texas workers,” said TWC Labor Commissioner Ronny Congleton. “For those qualified Texas workers who remain unemployed, TWC and the 28 boards across the state stand ready to assist job seekers.” The professional and business services sector increased it employment by 4,200 jobs in October, representing the addition of 50,600 jobs over the last 12 months. Employment in the education and health services industries grew by 5,400 jobs in October for a total of 38,800 jobs over the year. “Texas employers displayed confidence by adding jobs in all industries in October, and the majority of industries are recording gains over the year as well,” said TWC Public Commissioner Andres Alcantar. “Staff at TWC and the 240 workforce centers across the state remain committed to providing recruitment assistance to Texas employers and job-search services to workers,” he added. During the month, the leisure and hospitality industry increased its employment by 2,400 positions; trade, transportation and utiliti9es was up by 1,300 jobs; information employment grew by 1,000 jobs; and financial activities increased by 800 positions. Government experienced an increase of 19,100 jobs in October, but remained down by 4,500 positions over the year. From among the 25 Metropolitan Statistical Areas monitored by TWC, the Midland MSA had the lowest unemployment rate in the state at 5.1 percent. The Amarillo MSA was next at 5.4 percent while the Lubbock and College Station MSAs were tied at 5.9 percent. The MSA with the highest jobless rate in October was the McAllen-Edinburg-Mission MSA at 11.3 percent followed by the Brownsville-Harlingen MSA at 11.1 percent and the Beaumont-Port Arthur MSA at 10.4 percent. Unemployment rates posted for other East Texas counties include: OCT. % COUNTY RATE CHANGE Anderson 9.2 0.0 Angelina 7.8 0.0 Cherokee 8.9 +0.2 Grimes 8.2 -0.1 Harris 8.3 +0.1 Houston 10.0 +0.2 Jasper 11.0 -0.2 Jefferson 10.8 -0.3 Leon 6.7 -0.7 Liberty 10.2 -0.4 Madison 7.9 +0.1 Montgomery 7.4 0.0 Nacogdoches 6.4 +0.1 Polk 9.7 +0.1 Sabine 14.9 -0.4 San Augustine 10.9 -0.3 San Jacinto 9.7 -0.5 Shelby 7.8 -0.1 Trinity 8.4 0.0 Tyler 10.0 +0.1 Walker 7.2 0.0

 

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