Texas Unemployment Rate Hits Lowest Level Since 1976

Capital Highlights

AUSTIN — Texas has its lowest unemployment rate in more than 42 years.

The Texas Workforce Commission on Nov. 16 announced that Texas’ seasonally adjusted unemployment rate fell to 3.7 percent in October, down from 3.8 percent the prior month.

It is the lowest level of unemployment the state has seen since January 1976.

The Texas economy added 32,300 seasonally adjusted nonfarm jobs in October. Annual employment growth was 3.1 percent, marking 102 consecutive months of annual growth.

Still, job opportunities abound.

“The jobs are out there, and I encourage all job seekers to contact their local Workforce Solutions office for assistance with job training and placement,” said Julian Alvarez, the TWC commissioner representing labor.

 

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