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


Unemployment rate inches down to 8.8%

Trinity Standard -

TRINITY – After topping at a record high of 9.4 percent in January, Trinity County’s unemployment rate inched downward in May for the second consecutive month. According to the latest figures released by the Texas Workforce Commission, the local jobless rate fell to 8.8 percent, which is down from the 9.0 percent posted in April. The latest number translates to mean that out of an estimated labor force of 5,926 people, there were 521 county residents looking for work during May. In April, TWC listed an estimated labor force of 5,998 with 539 people searching for jobs. The new rate is up substantially from the 8.1 percent unemployment figure posted one year ago for May 2009 and from the 5.1 percent rate listed for May 2008. May marked the 16th straight month of unemployment rates over at 8.0 percent of higher. Statewide, May’s actual unem-ployment rate of 8.0 percent was down from the 8.1 percent figure posted in April. It was up substantially from the 7.3 percent rate recorded for May 2009. When seasonal factors are added to the equation, the state’s May adjusted unemployment rate was listed at 8.3 percent and was unchanged from the April seasonally adjusted number. The latest adjusted rate also was up significantly from the 7.5 percent figure re¬corded in May 2009. The actual national unemploy-ment rate for May was listed at 9.3 percent, which was down from the 9.5 percent rate posted for April. It was, however, up from the 9.1 percent rate recorded for May 2009. October’s sea¬sonally adjusted U.S. rate of 9.7 percent was down from the 9.9 percent figure recorded in Apreil and up from the 9.4 percent figure posted in May 2009. In the report, TWC officials noted nonagricultural employment in Texas grew by 43,600 jobs in May and that Texas employers have added 35,100 jobs over the past year. Overall Texas employment is at a record high withy more than 11.2 million workers. “During the month of May, employers in most industries added jobs,” said TWC Chairman Tom Pauken. “In addition, it is encouraging to see that Texas’ annual job growth rate is back in positive territory.” Professional and Business Services expanded by 10,200 jobs in May, marking this industry’s fifth monthly employment gain. Leisure and Hospitality employment grew by 9,600 jobs, and Trade, Transportation and Utilities added 8,200 jobs. “Jobs were added across nine major industries in May, which is positive news for our state,” said TWC Labor Commissioner Ronny Congleton. “We know that job seekers are still facing tough competition during these challenging economic times, and I encourage them to take advantage of the excellent services available through Texas workforce centers statewide,” he added. Manufacturing added 7,000 jobs during the month while Mining and Logging rose substantially, adding 6,500 jobs. The Education and Health Services sector continued its upward trend, adding 500 jobs in May and has grown by 57,900 jobs – or 4.4 percent – since May 2009. “The sustained job growth over the past five months is encouraging,” said TWC Public Commissioners Andres Alcantar. “TWC and the 28 workforce boards are committed to connecting Texas workers with available jobs through our workforce centers across Texas and WorkInTexas.com.” The Amarillo and Midland Metropolitan Statistical Areas (MSAs) were tied for the lowest unemployment rate in the state at 5.4 percent. The Lubbock MSA was next at 5.7 percent and the College Station MSA followed at 5.8. The MSA with the highest jobless rate in May was the McAllen-Edinburg-Mission MSA at 11.2 percent followed by the Brownsville-Harlingen MSA at 10.9 percent. Unemployment rates posted for other East Texas counties include: MAY % COUNTY RATE CHANGE Anderson 9.2 -0.2 Angelina 8.1 -0.2 Cherokee 9.1 +0.1 Grimes 8.8 0.0 Harris 8.3 -0.1 Houston 10.0 -0.5 Jasper 11.4 +0.2 Jefferson 10.9 +0.1 Leon 7.3 -0.3 Liberty 11.2 +0.3 Madison 8.0 -0.2 Montgomery 7.5 -0.1 Nacogdoches 6.5 -0.2 Polk 9.5 -0.1 Sabine 16.1 -0.2 San Augustine 12.0 +0.2 San Jacinto 9.5 -0.2 Shelby 8.2 -0.2 Trinity 8.8 -0.2 Tyler 10.6 +0.2 Walker 7.1 -0.2

 

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