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Heart of Texas unemployment rate declines in December

Waco, TX ⎯The Heart of Texas six-county regional unemployment rate edged down to 3.4% for December 2022, a decrease of .1% from November 2022. Job growth for the Waco metropolitan area increased by 200 jobs in December. A total of 3,900 jobs were added in 2021. TWC’s TexasLMI.com reported 853 unemployment claims in December.

McLennan and Bosque counties recorded the lowest unemployment rate (3.2%), followed by Falls (3.7%), Hill (4.3%) and Limestone (4.1%). Freestone’s rate remained the highest at 5%.

The 3.4% regional unemployment rate for December consisted of 5,903 unemployed residents in the Heart of Texas area. This rate is below the state’s (3.6%) and above the national unemployment rate (3.3%).

For more information on December 2022 Regional Labor Market data, view our Regional Labor Market Information web page. For in-depth information about the Heart of Texas region’s unemployment claims, visit TexasLMI.com. Want the latest local labor market information delivered to your inbox? Opt-in here.

For no-cost employer services including custom labor market reports for your industry, quality candidate referrals, hiring fairs/customized hiring events, and more, contact our Business Solutions team by email at solutions@hotworkforce.com or by phone at 254-296-5201.

Workforce Solutions for the Heart of Texas provides comprehensive services for businesses and job seekers in its six-county service area, which includes Bosque, Falls, Freestone, Hill, Limestone, and McLennan counties. Workforce Solutions for the Heart of Texas is one of 28 local workforce development boards under the direction of and funded by the Texas Workforce Commission (TWC).

Source: Texas Workforce Commission TexasLMI.com
Note: All unemployment rates listed are not seasonally adjusted. All data reported based on latest TexasLMI.com Labor Market data release as of Jan. 20, 2023.

 

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