AUSTIN-(Aug. 21,2020) In July, Texas saw a decrease in the state’s seasonally-adjusted unemployment rate to 8.0%, according to Texas Workforce Commission statistics.
This is the third consecutive monthly decrease and the lowest rate since March 2020, when the Texas economy was initially impacted by the COVID-19 pandemic. Texas is below the national seasonally-adjusted rate of 10.2 %.
Lamb County’s unemployment rate is now at 5.1%, down from 5.9% in June, which brings the county down with the others at 5.1% (lowest in the state). In Lamb County, there are 5,014 workers in the civilian labor force, and 4,757 of them are employed, with 257 unemployed.
“July’s unemployment numbers continue to show the underlying strength of Texans and our economy,” said TWC Chairman Bryan Daniel. “TWC remains committed to our goal of creating skills enhancement and career opportunities for Texans to continue to keep Texas as the top state to live and work.”
The Texas economy lost 12,300 private sector positions over the past month. In July, the Government sector offset private employment losses, by adding 43,700 jobs. Professional and Business Services added 16,400 positions, and Education and Health Services added 10,300 positions over the month.
“Texas’ declining unemployment rate demonstrates the strength of our workforce,” said TWC Commissioner Representing Labor Julian Alvarez. “TWC continues to dedicate funds, staff and effort to ensuring Texans have the opportunity to improve their skills through programs like Registered Apprenticeships, the Skills Development Fund and our Skills Enhancement Initiative.” The Amarillo Metropolitan Sta
The Amarillo Metropolitan Statistical Area (MSA) recorded July’s lowest unemployment rate among Texas MSAs with a not seasonally-adjusted rate of 5.1%, followed by the College Station-Bryan MSA with the second lowest rate of 5.8%. The Abilene and Sherman-Denison MSAs recorded the third lowest rate of 5.9%.
“This month’s unemployment numbers make it clear, Texas employers are hiring,” said TWC Commissioner Representing Employers Aaron Demerson. “As our employers put Texans back to work, my office will continue to provide valuable information through our virtual town hall meetings and email newsletters to help our Texas employers navigate these uncertain times.”
Employment estimates released by TWC are produced in cooperation with the U.S. Department of Labor’s Bureau of Labor Statistics. All estimates are subject to revision. To access this and more employment data, visit TexasLMI.com.