Texas jobless rate slips to 5.2% in April
05/16/2014 10:40 AM
05/16/2014 11:44 AM
The Texas unemployment rate has fallen to 5.2 percent, marking the second straight month it has declined.
The Texas Workforce Commission on Friday announced the seasonally adjusted unemployment figure for April, which represents a drop from 5.5 percent in March.
The rate in January and February stood at 5.7 percent. A year ago, the rate was 6.4 percent.
In Fort Worth-Arlington, the unemployment rate declined to 4.6 percent in April from 5.8 percent a year ago.
Commission officials said Texas employers added 64,100 jobs to their payrolls in April, with eight of the 11 leading industries growing. Private businesses added 20,100 jobs, the largest monthly increase ever recorded for that sector of the economy.
“Rising job numbers and falling unemployment rates continue to equal more opportunity for Texans,” Gov. Rick Perry said in a statement. “Every job created represents someone working to build a better life for themselves and their families, whether that means being able to own a home, send a child to college, save for retirement or make other important investments in their future.”
Texas has added 348,000 jobs this year.
“We’re fortunate in Texas to see significant growth across several industries. Trade, transportation and utilities is one example of this encouraging trend, adding 16,300 positions in April — the most in the industry in over 20 years,” Workforce Commissioner Ronny Congleton said.
The Midland area had the lowest jobless rate in Texas, at 2.3 percent. Commission figures show that the McAllen-Edinburg-Mission area had the state’s highest rate, 8.6 percent.
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