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Trinity Standard - Local News

Copyright 2011 - Polk County Publishing Company

 

Unemployment rate climbs to 9%
Trinity Standard -

TRINITY – After falling to a revised low of 8.5 percent in April, Trinity County’s unemployment rate jumped back to the 9.0 percent level in May, According to the latest figures now available from the Texas Workforce Commission (TWC), the May rate tied the 9.0 percent figures posted for both February and March but was still down from the record high of 9.4 percent set in January. The May rate was up from the 8.6 percent rate recorded one year ago for May 2010. The latest number translates to mean that out of an estimated labor force of 5,811 people, there were 524 county residents looking for work during May. In April, TWC listed a revised estimated labor force of 5,890 with 503 people searching for jobs. The May rate marks the 25th consecutive month that the local rate has been above 8.0 percent. Statewide, May’s actual unem-ployment rate of 7.9 percent was up from April’s 7.7 percent figure. It was unchanged from the 7.9 percent jobless figure recorded in May 2010. When seasonal factors are added to the equation, the state’s May adjusted unemployment rate was listed at 8.0 percent, which was unchanged from the April rate. This was down slightly from the 8.1 percent figure posted in April 2010. The actual national unemploy-ment rate for May was listed at 8.7 percent, which was unchanged from April. It was down from the 9.3 percent rate recorded for May 2010. May’s sea¬sonally adjusted U.S. rate of 9.1` percent was up April’s 9.0 percent figure but down from the May 2010 rate of 9.6 percent. According to TWC officials, the state’s total nonfarm employment was up by 8,800 jobs in May, representing the addition of 205,400 jobs since May 2010. “Texas continues to weather the storm,” said TWC Chairman Tom Pauken. “Although national unemployment has gone up, our unemployment rate in Texas remains at 8.0 percent. There is continued private-sector job growth, and this includes an additional 10,900 manufacturing jobs since this time last year.” Employment in Professional and Business Services grew by 4,300 jobs in May for a total of 53,700 positions added over the year; Mining and Logging employment rose by 3,000 jobs in May for a total of 32,700 jobs added this year and an annual job growth rate of 15.9 percent. “We’ve added 92,300 jobs in Texas so far in 2011,” said TWC Commissioner Representing Labor Ronny Congleton. “That is a trend that we hope to continue until all Texans have good jobs earning good wages.” The Manufacturing industry added 1,900 jobs in May for a total of 10,900 jobs added since last year, and the industry’s eighth consecutive month of annual job gains; Construction employment increased by 1,500 jobs over the month for a total gain of 23,200 jobs since last year. “Our Goods Producing sectors – Mining and Logging, Construction, and Manufacturing combined have brought 66,800 jobs to Texas in the last year,” said TWC Commissioner Representing the Public Andres Alcantar. “We remain focused on providing quality services to our customers.” From among the 25 Metropolitan Statistical Areas (MSAs) monitored by TWC, the Midland MSA had the lowest unemployment rate in the state at 4.6 percent. The Amarillo MSA was next at 5.4 percent while the Lubbock MSA was listed at 5.9 percent. The MSA with the highest jobless rate in May was the McAllen-Edinburg-Mission MSA at 11.9 percent followed by the Brownsville-Harlingen MSA at 11.8 percent and the Beaumont-Port Arthur MSA at 11 percent. Unemployment rates posted for other East Texas counties include: MAY % COUNTY RATE CHANGE Anderson 9.3 +0.2 Angelina 7.6 +0.2 Cherokee 8.6 +0.3 Grimes 7.9 +0.1 Harris 8.2 +0.2 Houston 9.7 +0.3 Jasper 11.9 +0.4 Jefferson 11.3 +0.3 Leon 7.5 +0.2 Liberty 10.6 +0.7 Madison 7.9 +0.7 Montgomery 7.4 +0.2 Nacogdoches 6.5 +0.1 Polk 9.8 +0.2 Sabine 15.7 +0.1 San Augustine 12.1 +0.5 San Jacinto 10.2 -0.1 Shelby 8.0 +0.3 Trinity 9.0 +0.5 Tyler 10.9 +0.3 Walker 7.7 +0.5

 

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