Milam jobless rate down slightly for month
Unemployment rate in Milam County dropped to 10.6 in February, down half a percentage point from last month’s rate of 11.1 percent. It is also down compared to a year ago where the rate was 10.8.
The county’s unemployment rate has been in double figures 24 out of the last 26 months.
Milam’s rate was based on a labor force of 10,752 with 9,608 working and 1,144 unemployed.
The labor force in the county has declined 453 people compared to 10,061 in February 2010. The county’s unemployment rate has been above the 10 percent margin since January 2009.
AROUND THE AREA—Most neighboring counties saw a slight decline in unemployment numbers for the month, with the exception of Bell County which stayed put at 7.9 percent from January to February.
Burleson County saw the largest decline in the jobless rate, falling seven-tenths of a point to 6.5 percent, the lowest in the area. Lee County also has a 6.5 percent unemployment rate for February 2011.
STATEWIDE—Texas total nonfarm employment was up by 22,700 jobs in February, for a total gain of 254,200 jobs from a year ago. The Texas seasonally adjusted unemployment rate for Feb. is 8.2 percent, down slightly from 8.3 percent in January and well below the U. S. unemployment rate for February of 8.9 percent.
“Texas has demonstrated positive monthly growth in 12 out of the last 14 months over a broad range of industries,” TWC Commissioner Representing the Public Andres Alcantar said. “ That’s encouraging for our state’s growing and diverse labor force, which reached more than 12.2 million workers in February.”
Midland had the lowest metropolitan unemployment rate in the state at 4.8 percent.