TEXAS – During the month of December 2022, Texas border cities such as El Paso, Brownsville, Laredo and McAllen recorded a slight decrease of approximately .9 percentage points in their annualized unemployment rate, according to data from the Texas Labor Commission (TWC).
In December 2022, Texas added 29,500 jobs, bringing the total number of nonfarm jobs in the state to 13,705,500. The month marked the 14th consecutive record high for Texas employment, after surpassing the pre-Covid level for the first time in November 2021.
TWC noted that Texas’ seasonally adjusted unemployment rate declined for the first time in three months to 3.9 percent in December, recording the first month the rate fell below 4.0 percent since February 2020.
“Each month of record employment in Texas creates more opportunities for success for both our workforce and employers,” said TWC President Bryan Daniel.
Education and health services led job growth in December with 12,700 jobs added, followed by financial activities, which grew by 6,300 jobs, while manufacturing added 5,500 jobs during the month.
The Amarillo and Midland Metropolitan Statistical Areas (MSAs) recorded the lowest unemployment rates among Texas MSAs with a non-seasonally adjusted rate of 2.6 percent each in December, followed by Austin-Round Rock at 2.7 percent, then College Station-Bryan at 2.8 percent.
El Paso, recorded a non-seasonally adjusted unemployment rate last December of 4.0, contrasting with the 4.7 achieved in the same month of 2021. Brownsville had a rate of 5.7, down from 6.6 a year earlier.
Laredo registered in December 2022 an unemployment rate of 3.7, in contrast to the 4.7 obtained in the same period of 2021; while McAllen, reached 6.8 at the end of the eleventh month of the year, below the 7.8 it registered last year.
According to the figures presented, El Paso closed December 2022 with a total of 14,600 unemployed people, while 352,100 citizens were working. In Brownsville, 10,100 people ended December without work, while 166,300 were employed.
For its part, the city of Laredo reported 4,400 unemployed against 114,500 workers in December 2022; while McAllen counted 25,600 citizens looking for work, contrasting with the 350,600 who were employed at the end of said period.
No related posts.