Unemployment falls in Texas

Austin. Unemployment in Texas fell in December, according to new data from the Texas Labor Commission.

The seasonally adjusted unemployment rate in Texas fell to 3.9% for the first time in three months in December, marking the first month the unemployment rate has fallen below 4% since February 2020, the report said.

“Each month of record employment in Texas creates more opportunities for success for both our employees and employers,” TWC Chairman Brian Daniel said in a statement.

Seasonally adjusted rates reflect seasonal trends such as construction in the summer and vacation rentals in the winter and are considered a more accurate reflection of unemployment than unadjusted figures.

The state of Texas added 29,500 jobs in December, bringing 13.7 million non-agricultural jobs to Lone Star State. Texas added more than 650,000 jobs in a year, according to TWC.

December marked Texas’s 14th consecutive record employment level, after the state surpassed pre-COVID levels in November 2021 for the first time, according to TWC.

Education and healthcare led job growth in December, adding 12,700 jobs, followed by financial activity, which added 6,300 jobs. Manufacturing employment added 5,500 jobs in a month, the report said.

The data shows that the Amarillo and Midland metropolitan statistical areas recorded the lowest unemployment rate of any Texas MSA, with an unadjusted rate of 2.6% each in December, followed by Austin Round Rock at 2.7%.

The McAllen-Edinburgh-Mission Metropolitan Statistical Area reported its highest non-seasonally adjusted unemployment rate of 6.8%, the report said.

Texas has an unadjusted unemployment rate of 3.6% while the United States has a 3.3% unemployment rate.

“Texas is leading the nation in offering businesses the freedom to thrive and grow,” Gov. Greg Abbott said in a statement. “I’m proud that we’ve again reached a new all-time high in total jobs, putting even more Texans on the path to prosperity.”

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