Texas job market hits record highs; Amarillo unemployment up by 0.1%

Texas job market hits record highs; Amarillo unemployment up by 0.1%
Texas job market hits record highs; Amarillo unemployment up by 0.1%
AMARILLO, Texas (KAMR/KCIT) — The Texas Workforce Commission reported that the civilian labor force reached a record-high total of 15,850,100, marking 60 of 62 months of growth.

According to the TWC, data shows Texas added 10,800 people over the month to the labor force and added 237,800 over the year. Data states that Texas added 198,300 jobs over the year for an annual nonfarm growth rate of 1.4% which outpaced the national growth rate by 0.3%.

The seasonally adjusted unemployment rate registered at 4% after decreasing 0.1% percentage points over the month, according to the TWC. Amarillo’s unemployment rate rose 0.1% over the month to a rate of 3.1%; however is tied for the second lowest with San Angelo.

According to the U.S. Bureau of Labor Statistics, the unemployment rate is the number of unemployed as a percentage of the labor force, which is the sum of the employed and unemployed. The U.S. Bureau of Labor Statistics said that “people are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work” are considered unemployed.

“The increase in the civilian labor force and the drop in the unemployment rate highlight continued strength in the Texas economy,” said TWC Chairman Bryan Daniel. “TWC provides a number of tools for both job seekers and employers as we continue to grow the Texas labor force.”

According to the TWC, the Private Education and Health Services industry had the largest over-the-month increase after adding 6,900 jobs in June. Leisure and Hospitality added 3,000 jobs while Information added 1,000. The construction industry grew by 2.4%, according to TWC, which outperformed the national rate by 0.9%.

“As Texas thrives, TWC is dedicated to empowering working Texans to share in that success,” said TWC Commissioner Representing Labor Alberto Trevio III. “Through our strong partnerships and resources like WorkInTexas.com, targeted job fairs, and essential skills training, we’re helping Texans capitalize on opportunities and achieve their career goals.”

TWC noted that the Midland Metropolitan Statistical Area had the lowest unemployment rate among Texas MSAs, with a not seasonally adjusted rate of 3%, followed by Amarillo and San Angelo.

“TWC supports a business-friendly environment, which attracts employers to Texas, creates new career paths, and contributes to a more prosperous workforce,” said TWC Commissioner Representing Employers Joe Esparza. “Key sectors like Private Education and Health Services continue to add thousands of jobs and highlight the opportunities for Texas employers.”

Those seeking more employment data are encouraged to visit the Texas Labor Market Information website.

For the latest Amarillo news and regional updates, check with MyHighPlains.com and tune in to KAMR Local 4 News at 5:00, 6:00, and 10:00 p.m. and Fox 14 News at 9:00 p.m. CST.


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