Rural Capital Area Unemployment Ticks Up to 2.9% in June
Jul 19, 2019
Workforce Solutions Rural Capital Area
The unemployment rate in the Rural Capital Area of Texas ticked up slightly in June compared to the month prior, though there was still a favorable drop compared to the rate last year. According to figures released today by the Texas Workforce Commission (TWC), the unemployment rate for the nine-county workforce development area was 2.9 percent*, up from 2.4 percent in May, but below 3.4 percent in June 2018. The 2.9 percent unemployment rate represented 15,839 residents seeking employment. The region’s unemployment rate remained below both the Texas (3.6 percent)* and national (3.8 percent)* rates, which both saw increases in June.
Within the Rural Capital Area counties, Blanco recorded the lowest unemployment rate at 2.6 percent in June, Burnet was at 2.7 percent, Fayette and Williamson counties were at 2.8 percent, Hays and Lee came in at 2.9 percent, Bastrop and Llano were at 3.3 percent, while Caldwell County was at 3.5 percent.
The Rural Capital Area’s 1.77 percent annual employment growth rate represented the addition of 9,166 jobs since June 2018.
Key Points by Industry for the Rural Capital Area, according to the most recent labor market data:
- The Education and Health Services Industry has experienced the greatest quarterly employment growth with an increase of 7.4 percent.
- Job gains were also experienced in the Professional and Business Services Industry (3.5 percent), the Trade, Transportation and Utilities Industry (3.1 percent), and the Natural Resources and Mining Industry (1.6 percent).
- The Information Services Industry in the Rural Capital Area experienced the greatest positive annual job growth with an increase of 8.0 percent.
- Significant positive annual job growth was also experienced in the Construction Industry (7.8 percent), the Manufacturing Industry (7.4 percent), and the Professional and Business Services Industry (5.8 percent).
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.
Workforce Solutions Rural Capital Area is a non-profit community partnership providing no cost recruitment, employment services and child care assistance, to businesses and job seekers in the Rural Capital Area of central Texas. This nine-county region includes Bastrop; Blanco; Burnet; Caldwell; Fayette; Hays; Lee; Llano; and Williamson counties. For more details on WSRCA, and the services it offers, visit www.workforcesolutionsrca.com.
*All unemployment rates listed are not seasonally adjusted.