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Report: Jobless rates continue to decline

Unemployment dropped by four-tenths of a percentage point in February for Denton and Denton County, according to data released Friday by the Texas Workforce Commission.

The city’s jobless rate decreased from 5.4 percent in January to 5.0 percent in February.

The county rate decreased from 5.9 percent in January to 5.5 percent in February.

A year ago, the city saw a 5.7 percent unemployment rate, while the county’s rate was 6.3 percent.

The figures still remain below the state and national averages.

Like the city and county, the monthly state and the national averages also each show a decrease of four-tenths of a percentage point. The state’s rate dropped from 6.9 percent in January to 6.5 percent in February. The year-to-year comparison also showed a decline.

The national unemployment rate dropped as well, from 8.5 percent in January to 8.1 percent in February. Year-to-year numbers also show a decline nationally, from 8.8 percent in February 2012 to 8.1 percent last month.

The rates are not seasonally adjusted.

The workforce commission reported the Texas economy added 80,600 jobs in February. State employment grew by 3.3 percent over the year with 11 major industries showing positive growth, the commission said.

In the last month, the Texas’ Goods Producing sector, composed of careers in construction, manufacturing, and mining and logging had a 4.3 percent annual growth rate with 21,200 jobs added over the month.

Growth in the professional and business services industries also increased by 25,400 jobs in February, the commission reported.

— Karina Ramírez