San Antonio’s unemployment fell to 3.7 percent in March

SAN ANTONIO – Unemployment in the San Antonio-New Braunfels metropolitan area dropped to 3.7 percent during the month of March, according to data from the Texas Workforce Commission.

This is down from San Antonio’s 3.8 percent unemployment rate in February and down from 4.9 percent during March 2014.

Statewide, Texas’ unemployment rate fell to 4.2 percent in March — its lowest level since July 2007. This is down from 4.3 percent in February and down from 5.4 percent in March 2014.

Total nonfarm seasonally adjusted employment actually decreased by a net 25,400 jobs in March.

However, the state added 327,500 jobs over the past 12 months for an overall growth rate of 2.9 percent. Texas outperformed the nation, which had a growth rate of 2.3 percent.

The Mining and Logging industry, which includes oil and gas employment, lost some 2,800 jobs statewide. Meanwhile, the Education and Health Services industry added 3,400 jobs in March — Financial Activities added 3,400 positions.

For more employment data, visit the Texas Workforce Commission.