Employment in Texas up 2.3 percent since May 2007
Texas employers added about 8,700 jobs across the state in May, representing an annual growth rate of 2.3 percent since May of 2007, according to figures released Friday by the Texas Workforce Commission.
This compares to 0.2 percent annual job growth nationally over the same period.
After posting a record-low Texas unemployment rate of 4.1 percent in April, the statewide seasonally adjusted unemployment rate rose to 4.5 percent in May. Unemployment in Texas is up from 4.4 percent in May 2007.
"Job growth in Texas remained strong, outpacing the national trend," says Texas Workforce Commission Chairman Tom Pauken. "Despite the fact that the number of those seeking work went up this month, the Texas unemployment rate remained at historically low levels, staying below the 5.0 percent mark for nearly two years."
The San Antonio Metropolitan Statistical Area's unemployment rate stood at 4 percent for May 2008, according to non-seasonally adjusted state labor market data. This compares to an unemployment rate of 3.7 percent for May 2007.
This compares to 0.2 percent annual job growth nationally over the same period.
After posting a record-low Texas unemployment rate of 4.1 percent in April, the statewide seasonally adjusted unemployment rate rose to 4.5 percent in May. Unemployment in Texas is up from 4.4 percent in May 2007.
"Job growth in Texas remained strong, outpacing the national trend," says Texas Workforce Commission Chairman Tom Pauken. "Despite the fact that the number of those seeking work went up this month, the Texas unemployment rate remained at historically low levels, staying below the 5.0 percent mark for nearly two years."
The San Antonio Metropolitan Statistical Area's unemployment rate stood at 4 percent for May 2008, according to non-seasonally adjusted state labor market data. This compares to an unemployment rate of 3.7 percent for May 2007.
Labels: employment, Texas
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