June 24, 2019 Comments Off on Texas Unemployment Sets All-Time Low at 3.5% Views: 131 Texas News, Top Texas

Texas Unemployment Sets All-Time Low at 3.5%

The Texas unemployment rate in May 2019 stood at 3.5%, according to information released by the Texas Workforce Commission. The seasonally-adjusted metric is the state’s lowest since series tracking began in 1976.

Private-sector employers added 277,000 jobs, year over year, leading to 2.6% job growth. Job growth in the state has been above 2% since October 2017.

Professional and Business Services led all major industries over the month, adding 8,100 jobs. Education and Health Services added 4,500 over the month, while Construction added 3,300 jobs. The Midland MSA recorded April 2019’s lowest unemployment rate, with a non-seasonally adjusted rate of 1.7%. The Amarillo and Odessa MSAs tied for second place, at a 2.1% unemployment rate.

Read more at Texas Workforce Commission

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