Milam County’s jobless rate jumps
The county’s June rate was at 7.5 percent, compared to 6.9 in May.
Neighboring counties also saw a surge in unemployment numbers. The six surrounding counties saw increases ranging from three-tenths to eight-tenths a percentage point for the month.
TWC figures for Milam County showed a civilian labor force of 11,345 for June, of which 10,491 are employed and 854 are unemployed.
The labor force is up slightly for Milam County from June 2012 where it was 11,340. The jobless rate this time last year was 8.6 percent, with 974 people unemployed.
STATEWIDE—Texas’ seasonally adjusted unemployment rate was unchanged for the month, staying at 6.5 in June from May. It remains to be below the national unemployment rate in June of 7.6 percent, which also held steady from the previous month’s numbers.
The Texas economy added 5,800 seasonally adjusted total nonfarm jobs in June for a total of 303,000 jobs added since June 2012.
“Economic growth in Texas has proven to be diverse, consistent and long-term,” said TWC Chairman Andres Alcanter. “The annual job growth across all industries continues to provide opportunity for Texas job seekers.”
Over the month, seven of the 11 major industries in Texas saw positive growth. Leading the way was Leisure and Hospitality, which posted over-the-month growth for the fifth time in six months and added 4,600 jobs. That industry has added 55,600 jobs over the last year for a 5.1 percent annual growth rate.
Midland Metropolitan Statistical Area (MSA) had the lowest May jobless rate in the state at 3.7 percent. The Odessa MSA came in second at 4.5 and the Amarillo MSA third at 5.3 (not seasonally adjusted).