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February 2024 Labor Market News Release

Mar 22, 2024 | Labor Market News Releases

Unemployment rate in the Heart of Texas region continued to increase in February

WACO, Texas – The Heart of Texas region experienced a 0.4% uptick in its unemployment rate compared to January. February’s rate of 4.2% was comprised of 7,633 unemployed individuals, with 999 ongoing unemployment claims. The Waco Metropolitan Statistical Area (MSA) saw positive job growth, adding 800 new positions.

Freestone County reported the highest unemployment rate at 5.5%, followed by Limestone (4.6%), Falls (4.5%), Hill (4.3%), and McLennan (4.1%). Bosque County reported the lowest unemployment rate at 4%. The region’s unemployment rate is below the state’s (4.4%) and in line with the national rate (4.2%).

For detailed information on this month’s labor market data, view our Regional Labor Market Information web page. For real-time labor market data, regional employment trends, wage/salary insights and other data, check out our new Heart of Texas Labor Market Insights labor market data visualization tool.

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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 March 8, 2024.

Offices & Centers Closed | Workshops & Orientations Canceled

FEBRUARY 18, 2021

Our workforce centers and administrative offices are closed Thursday, Feb. 18, due to inclement weather. All events, including virtual workshops, orientations, tax preparation and other in-person appointments, have been canceled. If you have questions, please email us at questions@hotworkforce.com, and our staff will respond as soon as possible.