Milam’s jobless rate dips to 6.7%
AUSTIN—Unemployment rates around the area saw a decrease for October, according to numbers released by the Texas Workforce Commission (TWC) on Friday. The numbers are the first from the TWC since August due to the “government shutdown” in October. Jobless numbers from September were also released Friday.
Milam County’s October non-seasonally adjusted unemployment rate was at 6.7 percent, compared with 7.1 in September and 7.2 in August.
All neighboring counties also saw a decrease in unemployment numbers for the month as well.
MILAM—TWC figures for Milam County showed a civilian labor force of 10,895 for October, of which 10,162 are employed and 733 are unemployed.
The labor force is down for the county from October 2012 where it was 11,144. Jobless rate this time last year was 7.0 percent, with 783 people unemployed.
STATEWIDE—Texas’ seasonally adjusted unemployment rate was also dropped slightly for the month, falling from 6.3 to 6.2 from September to October. It remains to be below the national unemployment rate in October of 7.3 percent, up one-tenth from the previous month’s numbers.
“It’s good to see our unemployment rate declining for three consecutive months, from 6.5 percent in July to 6.2 percent in October” said Ronny Congleton, TWC Commissioner Representing Labor. “Positive economic growth means continued employment opportunities for the job seekers and workers of Texas.”
Midland Metropolitan Statistical Area (MSA) had the lowest October jobless rate in the state at 3.1 percent. The Odessa MSA came in second at 3.6 and the Amarillo MSA third at 4.4 (not seasonally adjusted).
SEPTEMBER—Texas labor market data, including the total nonfarm jobs and the unemployment rates for September were delayed until Friday. Each month’s numbers are normally released in the third week of the following month.
Due to a lapse in federal funding, the U.S Bureau of Labor Statistics (BLS) data collection, analysis and dissemination activities were suspended from Oct. 1 through Oct. 16, according to a press release sent from TWC.
This also affected state data collection, since TWC produces state economic data in cooperation with the BLS.
Milam County’s unemployment rate was 7.1, with a labor force of 10,961. That includes 10,179 people working and 782 unemployed.