Texas unemployment rate drops to lowest level since Feds began tracking it in 1976

The state’s unemployment rate for May dropped to 3.5%, an all-time low. That breaks the record low of 3.7% reached in April.

Texas’ unemployment rate continues to drop to record lows, with the state’s rate for May hitting a seasonally adjusted 3.5%, the Texas Workforce Commission announced Friday. That’s the lowest level since the federal government began collecting the data series used to calculate the rate in 1976.

The state’s 3.5% unemployment rate breaks the record low of 3.7% Texas set in April.

Over the month, the state added 19,600 non-farm jobs, according to seasonally adjusted data. Jobs categorized as professional and business services topped all other categories, adding 8,100 positions. Education and health services saw the secondhighest rise, adding 4,500 jobs in May.

 

To read more please log in or subscribe to the digital edition. http://www.etypeservices.com/Forney%20MessengerID423/

Forney Messenger

Mailing Address: P.O. Box 936, Forney, TX 75126
Physical Address: 201 W. Broad St., Forney, TX 75126
Phone: 972-564-3121
Fax: 972-552-3599