Though some are still struggling to find jobs, many unemployed in Denton and across the state have found work.
With the economy still is finding its footing, it is encouraging to see the continued decline in unemployment across both the city of Denton and Denton County.
August numbers released by the Texas Workforce Commission show a significant drop in unemployment from July to August — seven-tenths of a percentage point to 5.7 percent in the city; half of a percentage point to 6.3 percent in the county.
Compared with the unemployment numbers from last August, this year’s rates are considerably lower. The city recorded a 6.9 percent unemployment rate in August 2011; the county rate was 7.3 percent during the same period.
Nationally, the unemployment rate stood at 8.2 percent, with Texas at a 7 percent rate of unemployed workers for this August.
Natalie Moffitt, workforce development manager with Workforce Solutions for North Central Texas, describes the region as standing strong in light of the ongoing recovery from the recession.
“When you look at the North Central Texas area, we have a really diverse economy and we don’t have one dominant industry,” she says. “We are able to absorb any fluctuations in unemployment.”
The number of non-farm jobs added in Texas for the first seven months of the year totaled 222,500 — the second straight year the state has added jobs.
Denton, specifically, has a diverse offering of jobs — from private business to regional and international corporations to state universities, health care and much more.
Of the many places to live, work and play, Denton is fast gaining a reputation for being among the best in all three areas.