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Trinity Standard - Local News

Copyright 2011 - Polk County Publishing Company

 

Unemployment rate falls to 9.4%
Trinity Standard -

TRINITY – After hitting a record high of 9.7 percent in both June and July, Trinity County’s unemployment rate dipped down to 9.4 percent in August. According to the latest figures now available from the Texas Workforce Commission (TWC), the August rate tied the previous record high set in January of this year. After hitting the 9.4 percent level in January, the local rate fell to 9.0 percent in February and March before dipping to the 2011 low of 8.5 percent in April. The May rate climbed back to 9.0 percent before rising in June and July to the all-time high of 9.7 percent. The latest 9.4 percent rate translates to mean that out of an estimated labor force of 5,846 people, there were 552 county residents looking for work during August. In July, TWC listed a revised estimated labor force of 5,792 with 561 people searching for jobs. The August rate marks the 28th consecutive month that the local rate has been above 8 percent. During that 28 month period, the rate has topped the 9 percent mark 13 times. Statewide, August’s actual unem¬ployment rate of 8.5 percent was down from July’s 8.7 percent figure. However, it was up from the 8.3 percent jobless figure recorded in August 2010. When seasonal factors are added to the equation, the state’s August adjusted unemployment rate also was listed at 8.5 percent. This was up from the 8.4 percent figure recorded in July and the 8.2 percent rate posted in August 2010. The actual national unemploy¬ment rate for August was listed at 9.1 percent, which was down from the 9.3 percent rate posted for July. It also was down from the 9.5 percent rate recorded for August 2010. August’s sea¬sonally adjusted U.S. rate of 9.1 percent was unchanged from the July rate but down from the August 2010 rate of 9.6 percent. According to TWC officials, the state’s total nonfarm employment was down by 1,300 jobs in August, although it was up by 253,200 over the previous 12 months. “Texas continues to feel the pressures of a stagnant national economy,” said Texas Workforce Commission (TWC) Chairman Tom Pauken. “Private sector gains were offset by Government losses of 9,400 jobs in August, including 11,500 jobs lost in Local Government.” Following a revised increase of 3,300 jobs in July, Education and Health Services added 9,600 jobs in August. The industry has added 42,100 jobs since August 2010. The Trade, Transportation, and Utilities industry lost 4,600 jobs in August, but added 49,600 jobs over the year. Professional and Business Services added 4,200 jobs in August, growing by 49,100 positions over the year, for an annual job growth rate of 3.8 percent. Jobs in Manufacturing grew by 1,200 positions last month, adding 20,700 positions since August 2010. “Although we saw some government job losses this month, Texas continues to be a great place to find work,” said TWC Labor Commissioner Ronny Congleton. “We encourage those who are looking for work to use the many tools and services offered by TWC to find the right fit for them.” Six of the 11 major industries in Texas gained jobs in August, and all but two continued to show gains over the year. The private sector in Texas has added 272,200 jobs during the same time period. “TWC stands ready to connect workers with available jobs and since January, we’ve added 144,000 jobs in Texas,” said TWC Public Commissioner Andres Alcantar. “The Texas labor force, which now stands at nearly 12.3 million individuals, is evidence of Texas’ growth, and our 28 local workforce boards are committed to providing the best job-search assistance and services needed to get Texans back to work.” From among the 25 Metropolitan Statistical Areas (MSAs) monitored by TWC, the Midland MSA had the lowest unemployment rate in the state at 4.8 percent. The Amarillo MSA was next at 5.9 percent while the Odessa MSA was listed at 6.5 percent. The MSA with the highest jobless rate in August was the McAllen - Edinburg - Mission MSA at 12.6 percent followed by the Brownsville-Harlingen MSA at 12.5 percent and the Beaumont-Port Arthur MSA at 11.5 percent. Unemployment rates posted for other East Texas counties include: Aug. % COUNTY Rate Change Anderson 9.7 -0.5 Angelina 8.2 -0.3 Cherokee 9.3 -0.2 Grimes 8.4 -0.4 Harris 8.6 -0.3 Houston 11.9 -1.0 Jasper 12.3 -0.2 Jefferson 11.7 -0.1 Leon 8.4 -0.3 Liberty 10.9 -0.5 Madison 8.5 -0.5 Montgomery 7.5 -0.3 Nacogdoches 7.6 -0.3 Polk 10.2 -0.3 Sabine 16.3 -0.3 San Augustine 14.0 +1.8 San Jacinto 9.9 -0.4 Shelby 10.3 +1.5 Trinity 9.4 -0.3 Tyler 12.0 -0.3 Walker 9.0 -0.2

 

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