Houston area jobless rate falls to 6.3 percent | Houston area jobless rate falls to 6.3 percent | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=9252 | 2012-10-22T14:19:00Z | 2012-10-22T00:00:00Z |
HOUSTON - Houston’s jobless rate, which is not adjusted for seasonal variations, dipped to 6.3 percent in September, down from 7 percent in August, according to the Texas Workforce Commission.
Houston's jobless rate isn't the lowest in Texas — Midland at 3.3 percent takes that prize — but the region is creating more jobs, percentage-wise, than nearly all of Texas. Only Odessa is adding them faster. Houston-area employers added 96,600 jobs during the past 12 months ending September 2012, for a 3.7 percent gain.
Nationwide, Houston is the star. On a percentage basis, Houston is adding more jobs than any other of the top 20 metro areas.
Construction created 12,300 new jobs during the past year, for a 7 percent gain. The heavy and civil engineering construction sub-sector added 4,600 jobs during the past 12 months, a 11.2 percent increase.
Houston will gain about 81,000 jobs next year, for a growth rate of about 3 percent, according to Barton Smith, at the University of Houston.
Read more at the Houston Chronicle.
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