Edinburg unemployment declinesEdinburg unemployment declineshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=43462014-04-25T17:57:00Z2014-04-25T00:00:00Z

EDINBURG - Edinburg’s 6 percent unemployment rate in March 2014 was down from the February 2014 and January 2014 rates of 6.6 percent each, according to the Edinburg Economic Development Corporation and the Texas Workforce Commission.

During March 2014, only McAllen had a better unemployment rate at 5.9 percent, while the other major communities in the Valley ranged from 6.8 percent (Harlingen) to 9.5 percent (Brownsville).

The Valley’s three other most populous cities also had unemployment rates in the single-digits during March 2014: Mission with 7.3 percent; Pharr with 7.8 percent; and Weslaco with 9 percent.

Hidalgo County averaged a 9.4 percent unemployment rate in March 2014, while Cameron County averaged an 8.8 percent unemployment rate in March 2014.

The seasonally adjusted unemployment rate in Texas fell to 5.5 percent in March 2014, down from February’s rate of 5.7 percent. The unemployment rates in Edinburg and in Texas remain well below the national rate of 6.7 percent.

Edinburg’s labor force was the third largest in the Valley, with 33,671 persons employed in the city during March 2014. The area’s two most populous cities, Brownsville and McAllen, posted larger numbers at 63,401 and 58,848 individuals, respectively.

Edinburg’s labor market has always remained strong in deep South Texas, with only one month since 2005 — June 2011 — being the only month when the unemployment rate was in double-figures at 10 percent.

For more employment statistics, see Employment under McAllen-Edinburg-Mission Market Data Sources.

Online news
http://www.yourvalleyvoice.com/news/edinburg-unemployment-rate-for-march-drops-to-percent-with-local/article_d9a8c92a-c962-11e3-8e25-001a4bcf887a.htmlRead more at {Source}

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