City’s jobless figures increase

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For the first time in four months, the city of Denton’s unemployment rate rose.

The rate increased by three-tenths of a percentage point from 4.9 percent in April to 5.2 percent in May. Prior to that, the unemployment rate had remained steady at 5.0 percent in February and March. In January, the city jobless rate was 5.4 percent.

In spite of the month-to-month increase, the city’s year-to-year figures show a decline of three-tenths of a percentage point from May 2012 to May 2013.

Countywide, the jobless rate also increased by three-tenths of percentage point from April to May, while the year-to-year comparison showed 6.0 percent in May 2012 to 5.6 percent in May 2013.

The nonadjusted jobless figures remain below the state and national averages.

After a three-month decline, statewide figures show an increase from April to May of four-tenths of a percentage point to 6.5 percent. Meanwhile, the year-to-year comparison numbers continue to decline by three-tenths of a percentage point.

Nationally, unemployment figures show a decline from 7.3 percent to 7.1 percent from April to May, while the rate declined by six-tenths of a percentage point from May 2012 to May 2013.

The Texas Workforce Commission reported job growth in nine out of 11 major industries, including education and health services. A total of 19,500 jobs were added in May.

— Karina Ramírez

 


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