Unemployment rate remained unchanged at 4.4 percent
Texas Insider Report: AUSTIN Texas ⎯ Texas has added an estimated 171800 seasonally adjusted jobs over the past year with the addition of 200 nonfarm jobs in May. The state has added jobs in 13 of the last 14 months. Texas seasonally adjusted unemployment rate remained unchanged at 4.4 percent in May which is below the national average of 4.7 percent.
Texas Workforce Solutions continues to offer market aligned services to advance local job creation efforts" said Texas Workforce Commission (TWC) Chairman Andres Alcantar. We must continue to build and support partnerships that connect employers to workers efficiently and equip job seekers with skills that help them succeed."
Employment increased in the Financial Activities industry by 4800 jobs in May. Education and Health Services jobs continued to be in demand with the addition of 3700 positions and having added jobs in 39 of the last 40 months. Over the year this industry has gained 61900 jobs.
Connecting employers with the workforce they need is critical to our states success" said TWC Commissioner Representing Employers Ruth R. Hughs. I encourage all of our employers to take advantage of the programs we offer through the
Skills Development Fund to help them create jobs and train workers with the skills needed for todays job market."
The Amarillo Metropolitan Statistical Area (MSA) recorded the months lowest unemployment rate among Texas MSAs with a non-seasonally adjusted rate of 2.8 percent followed by the Austin-Round Rock and Lubbock MSAs with rates of 2.9 and 3.1 percent respectively in May.
Texas labor force is the backbone of the Texas economy. It is made up of hard-working individuals who are eager to obtain the skills that our employers need" said TWC Commissioner Representing Labor Julian Alvarez. For individuals who need assistance connecting with that perfect career opportunity I encourage our labor force to tap into TWCs training resources like our
apprenticeship training program that can help prepare them for a good-paying career."
Audio downloads with comments from Commissioner Alvarez on the latest labor market data are available on the TWC website
press release page. Employment estimates released by TWC are produced in cooperation with the U.S. Department of Labors Bureau of Labor Statistics. All estimates are subject to revision. To access this and more employment data visit
tracer2.com.
