HARLINGEN — The Texas economy added 45,000 jobs in June to set another employment record, with the jobless rate dropping to 3.4% from 3.5%, its lowest mark since tracking began in 1976.
In the Valley, however, a sharp spike upward to 5.6% from 4.6% in May was recorded in the Brownsville-Harlingen Metropolitan Statistical Area.
In the McAllen-Edinburg Mission MSA, the jump was even higher, with the jobless rate rising to 6.2% from 5.0% in May.
The Valley’s jobless rates for June 2019 still remain significantly lower than a year ago, when the unemployment rate in Brownsville-Harlingen was 7.0% and was 7.2% in McAllen-Edinburg-Mission.
“June’s unemployment rate is a historic win for employers and workers across the state,” said Ruth R. Hughs, Texas Workforce commission chair and commissioner representing employers.
Texas employers have added 315,600 jobs this year. Total nonfarm annual employment growth was at 2.5% in June and has held above 2.0% since February 2018.
“It’s a great day to be a member of the Texas workforce,” said Julian Alvarez, TWC commissioner representing labor. “The skills of Texas workers are in high demand, allowing more individuals to find stable employment, earn a paycheck and invest in this great state. As unemployment continues to fall Texas must continue to invest in job training that meets the needs of in-demand industries across the state.”
The leading job category statewide for growth in June was Trade, Transportation and Utilities, which added 10,500 jobs. Next was Leisure and Hospitality, which added 10,000 jobs.
The Midland MSA recorded June’s lowest unemployment rate among Texas MSAs with a non-seasonally adjusted rate of 2.1%, followed by the Amarillo-Austin-Round Rock and Odessa MSAs, which recorded jobless rates of 2.7.