Houston Unemployment Rises As State Rate Falls

The Texas Workforce Commission is reporting the state's unemployment is at its lowest rate in nearly three years. But the news isn't all good for Houston.

Texas’ seasonally adjusted unemployment rate fell to 7.3% in January. That’s down from 7.4% percent in December and from just over 8% in January of last year.

The Texas unemployment rate is a full percentage point below the national rate of 8.3%. January’s is the lowest rate in Texas since April 2009.

Tom Pauken is chairman of the Texas Workforce Commission.

“Texas added an impressive 73,800 private sector jobs in January. Over the past 12 months, we’ve seen the growth of the private sector in the addition of over 332,000 jobs in our private sector economy here in Texas.”

The report shows the Houston area unemployment rate was slightly higher than the state average at 7.6%. That’s an increase from 7.2% in December, though still well below the 8.7% percent unemployment rate of January 2011.

 

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Andrew Schneider

Business Reporter

Andrew Schneider joined KUHF in January 2011, after more than a decade as a print reporter for The Kiplinger Letter...