texas

Texas Jobless Rate for November at Record Low of 3.8 Percent

The Texas jobless rate has improved for the seventh month in a row with November unemployment slipping to a record 3.8 percent.

The Texas Workforce Commission on Friday reported that's the lowest monthly unemployment rate for the state in four decades. Officials didn't immediately provide further details. Texas unemployment during October was 3.9 percent.

"Today's announcement of our record low unemployment rate is further proof that the Texas model of low taxes and reasonable regulations is working better than ever," said Gov. Greg Abbott. "This record of 3.8 percent is also a testament to our diverse and talented workforce that is attracting new businesses to the state every day and driving our booming economy. Economic prosperity is not an accident. I will continue to implement policies that grow our economy by improving education, cutting taxes and regulations to create even more jobs and increasing workforce participation as we broaden the path to opportunity for all Texans."

The nationwide jobless rate held steady last month at 4.1 percent.

Officials say Amarillo and Midland had the lowest unemployment rates in Texas last month at 2.6 percent. The Beaumont-Port Arthur area had the state's highest jobless rate during November at 6.5 percent.

Commission experts say the Texas economy in November added 54,500 seasonally adjusted nonfarm jobs.

Copyright AP - Associated Press
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