Milam County rates threetenths better than a year ago
There is a three-tenths decline in Milam County’s unemployment rate last month compared to October 2009, according to the Texas Workforce Commission. Reports released Friday showed that the county’s October 2010 rate was at 10.4, up from 10.7 a year ago.
The county rate was based on a labor force of 11,096 with 9,946 working and 1,150 unemployed. Milam’s numbers are up slightly for the month, compared to 10.3 in September 2010.
The work force in Milam County has dropped 270 compared to 11,366 in October 2009. The county has been above the 10 percent mark since January 2009.
AREA NUMBERS– Milam County followed suit with its neighboring counties to the south and west with drops in unemployment rates from October 2009. Lee, Burleson and Williamson counties all saw less people unemployed from the same time last year. On the other end of the spectrum, Bell, Falls and Robertson counties all had an increase in unemployed residents compared with October 2009.
STATEWIDE –Nonfarm employment across the state was up 47,900 jobs in October, increasing the amount of jobs to 172,800 increase since last year. The Texas unemployment rate remained at 8.1 percent last month and was well below the 9.6 percent unemployment rate across the nation.
“Every major industry added jobs in October with notable increases in construction employment,” TWC Chairman Tom Pauken said. “Texas recorded its second month with an unemployment rate at 8.1 percent, the lowest rate in 2010.”
Construction industry employment increased by 8,800 positions last month, the largest monthly increase since April 2010. Mining and logging added 1,200 jobs in October representing job growth of 30,800 over the past year.
Employment in manufacturing increased by 1,100 jobs last month for a total of 26,400 jobs added since October 2009.
The Midland Metropolitan Statistical Area (MSA) had the lowest October unemployment rate in the state at 5.1 percent. The A marillo MSA had the second lowest rate in October at 5.4, followed by the Lubbock and Bryan-College Station MSAs at 5.9 percent (not seasonally adjusted).