Jobless rate jumps back to 11.8%
Milam County’s unemployment rate jumped back to its highest level since the peak of layoffs at Alcoa’s Rockdale Operations, hitting 11.8 percent in January, according to numbers released by the Texas Workforce Commission.
The county rate was based on a labor force of 11,286 with 9,959 working and 1,327 unemployed. That labor force is down from a peak of 12,611 in September 2008, when the smelter closing was announced.
Milam’s rate compares to a national rate of 9.7 percent and an 8.2 percent rate for the state.
The county rate rose from 11.1 percent in December 2009 and 10.5 percent in November. Milam is one of 27 counties above the 11 percent mark of the state’s 254 counties.