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Trinity Standard - Local News

Copyright 2013 - Polk County Publishing Company

 

Unemployment rate climbs to 7.3 percent
Trinity Standard -

TRINITY – After falling to a four-year low in November, Trinity County's unemployment rate jumped back above the 7% mark in December. According to figures posted last week by the Texas Workforce Commission (TWC), the county's jobless rate grew from 6.7 percent in November up to 7.3 percent in December. This translates to mean that out of an estimated workforce of 5,705, there were 414 county residents looking for work during December. One month earlier, TWC estimated the local labor force at 5,664 with 381 looking for jobs. When the local rate fell to 7.2 percent in October, it marked only the second time during the past four years that the local number dipped below 8 percent. November's 6.7 was the lowest rate posted for Trinity County since the 6.2 percent figure in November 2008. While the December rate is up over the previous month, it is still well below the 2012 high of 9.3 percent set in January and the 8.7 percent rate recorded one year ago for December 2011. Statewide, December's actual unem­ployment rate of 6.0 percent was up from November's 5.8 percent but was down from 7.1 percent jobless figure recorded in December 2011. When seasonal factors are added to the equation, the state's December adjusted unemployment rate was listed at 6.1 percent, which was down slightly from November's 6.2 percent rate. The latest seasonally adjusted rate also was down from the 7.4 percent figure posted in December 2011. The actual national unemploy­ment rate for December was listed at 7.6 percent, which was up from the 7.4 percent rate posted in November. It was down from the 8.3 percent rate recorded for December 2011. December's sea­sonally adjusted U.S. rate of 7.8 percent was unchanged from the revised November U.S. rate. It was down from the December 2011 rate of 8.5 percent. According to TWC officials, the slight drop in the statewide seasonally adjusted rate marked the fourth straight month of declining unemployment rates. TWC said Texas employers added 4,100 nonfarm jobs in December for a total of 260,800 jobs over the year. "In December, we saw annual growth in 10 major industries, for an overall annual growth of 2.5 percent in Texas," said Texas Workforce Commission (TWC) Chairman Andres Alcantar. "With those positive strides and 11,800 private sector jobs added in the past month, 2012 was a strong year for Texas and my hope is that the Texas economy will build on that success in 2013," he added. Six out of 11 major industries in Texas added jobs in December, led by 13,300 jobs added in Professional and Business Services—the largest over-the-month expansion for this industry since January 2012. "I'm glad to see the unemployment rate has dropped by more than a full point over the course of the year," said TWC Labor Commissioner Ronny Congleton. "Positive economic growth is good news for the workers of Texas, and TWC is committed to helping those still looking to get back to work." Manufacturing added 3,000 jobs between November and December, while another goods-producing industry, Mining and Logging, expanded by 1,600 jobs during this time. Service-providing industries that also showed positive growth over the month included Education and Health Services, Other Services, and Trade, Transportation, and Utilities. "Private sector employers in Texas added 257,400 jobs since December 2011 for an annual growth rate of 2.9 percent," said TWC Employer's Commissioner Representing Employers Tom Pauken. "Texas is leading the way in helping to make the United States energy independent. Our robust energy sector not only is creating good paying jobs for many Texans in that industry but also is spurring job growth in many other industries," Pauken added. From among the 25 Metropolitan Statistical Areas (MSAs) monitored by TWC, the Midland MSA had the lowest unemployment rate in the state at 3.1 percent. The Odessa MSA was next at 3.7 percent while the Amarillo MSA was listed at 4.1 percent. The MSAs with the highest jobless rate in December were the Brownsville-Harlingen and McAllen – Edinburg – Mission MSAs, which were tield at 10.3 percent. The Beaumont-Port Arthur MSA was third from the top after recording a rate of 10.0 percent. Unemployment rates posted for other East Texas counties include: DEC. % COUNTY RATE CHANGE Anderson 7.0 +0.3 Angelina 6.2 +0.3 Cherokee 7.2 +0.2 Grimes 5.7 +0.2 Harris 6.0 +0.2 Houston 8.5 +0.3 Jasper 9.5 +0.7 Jefferson 10.3 +0.7 Leon 6.0 +0.2 Liberty 7.9 +0.7 Madison 6.3 +0.2 Montgomery 5.1 0.0 Nacogdoches 5.5 +0.1 Polk 7.6 +0.5 Sabine 15.3 +1.5 San Augustine 10.0 +0.6 San Jacinto 7.6 +0.7 Shelby 6.4 +0.5 Trinity 7.3 +0.6 Tyler 9.8 +0.7 Walker 6.0 0.0

 

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