Unemployment rates for October hold flat

Comments () A Text Size

Unemployment rates for October didn’t change much from the previous month but remain lower than unemployment rates at the same time last year.

The city of Denton’s rate was unchanged from September to October at 5 percent, with 3,205 people looking for work, according to information released Friday by the Texas Workforce Commission.

The city’s unemployment rate dropped nine-tenths of a percentage point from October 2011 to October 2012.

Denton County’s unemployment rate dropped one-tenth of a percentage point from 5.6 percent in September to 5.5 percent in October, with 21,103 people looking for work, the commission reported. The rate is down 1 percent from October 2011.

The city and county jobless rates remain below state and national averages.

Texas’ unemployment rate remained unchanged from September to October at 6.3 percent and the rate is 1.3 percent lower than at the same time last year.

The national unemployment rate dropped one-tenth of a percentage point from September to October, and the rate is down 1 percent over October 2011.

The state added a total of 36,600 nonfarm jobs in October, for a total gain of 277,400 jobs during the year, the Workforce Commission reported.

Six of the major industries in Texas have shown monthly gains in October, according to the commission.

Education and health services had the greatest employment increase, adding 13,700 jobs. This was followed by leisure and hospitality employment, which added 8,700 jobs in October.

RACHEL MEHLHAFF can be reached at 940-566-6889. Her e-mail address is rmehlhaff@dentonrc.com.


Comments
DentonRC.com is now using Facebook Comments. To post a comment, log into Facebook and then add your comment below. Your comment is subject to Facebook's Privacy Policy and Terms of Service on data use. If you don't want your comment to appear on Facebook, uncheck the 'Post to Facebook' box. To find out more, read the FAQ .
Copyright 2011 Denton Record-Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.