Jobless rate jumps back above 10 percent
Jobless numbers rose a full point for the month, up to 10.8 percent. The rate is up half a point from the same time in 2010 where 10.3 percent of county residents were unemployed.
The county’s unemployment rate has been in double figures 27 of the last 30 months.
Milam’s June rate was based on a labor force of 10,885 with 9,714 working and 1,171 unemployed.
The labor force in the county has declined 596 people compared to May 2010. April and May unemployment numbers in the county were below the 10 percent margin. Prior to that the rate had been above the 10 percent margin since January 2009.
April’s jobless rate of 9.6 was the lowest for Milam County since December 2008. At that time it as the highest since the mid-1980s. May’s rate was 9.8.
The labor force actually increased 38 in Milam County compared to last month.
AROUND THE AREA—Rates for the unemployed rose across the Central Texas area from May, seeing an increase in all neighboring counties.
Falls County joins Milam in unemployment rates over 10 percent at 10.7 for June.
STATEWIDE— Texas total nonfarm employment increased by 32,000 jobs in June, representing the addition of 220,000 jobs since June 2010.
Texas’ seasonally adjusted unemployment rate was 8.2 percent in June, up from 8.0 percent in May, and remains a full percentage point below the nationwide unemployment rate of 9.2 percent. Both were slightly up for the month.
“Overall, our goods-producing industries combined to add 11,200 jobs in June,” said TWC chairman Tom Pauken.