Texas continues steady workforce growth; Austin unemployment drops in Feb.Texas continues steady workforce growth; Austin unemployment drops in Feb.https://www.recenter.tamu.edu/news/newstalk-texas/?Item=126332016-03-30T05:00:00Z2016-03-30T17:30:00Z

​AUSTIN - ​Texas added 2,100 nonfarm jobs in February, expanding the state's employment for the 11th consecutive month, while the jobless rate in the Austin area fell one-tenth of a percentage point to a non-adjusted 3.1 percent, according to the Texas Workforce Commission​.

The state's seasonally adjusted unemployment rate fell to 4.4 percent in February, down from 4.5 percent in January, and remained below the national average of 4.9 percent.

"Private employers have expanded their payrolls by 142,800 jobs in Texas over the past year," TWC Commissioner Ruth Hughs said in a statement. "We are pleased to see that trend continue because it reflects the strength and resiliency of our state's economy."

Texas saw employment growth​ in seven of 11 major industries, including increases in all but one of the tracked service industries. Some of those gains were offset by losses in production industries.

Employment in the education and health services industry was up by 6,100 jobs in February, continuing the industry's upward trend for 37 consecutive months.

Solid growth also continued in trade, transportation and utilities, which added 5,500 jobs over the month, a 2.3 percent annual growth rate.

Austin's unemployment rate remains second-lowest in the state. Amarillo recorded the month's lowest unemployment level with a non-adjusted rate of 2.9 percent.​​

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/news/2016/03/29/austin-unemployment-drops-in-february-as-texas.htmlRead more at the {Source}

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