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Heart of Texas region sees slight decrease in unemployment

Waco, Texas ⎯ The unemployment rate for the Heart of Texas region saw a slight decrease (.1% from June) for the month of July, according to TexasLMI.com. At 4.0%, this rate is comprised of 7,012 unemployed residents, with 859 continuing unemployment claims.  New jobs for the region remained steady, with a total of 130,900 jobs.

In our region, McLennan and Bosque counties recorded the lowest unemployment rate at 3.9%, followed by Hill (4.0%), Falls (4.4%), and Limestone (4.8%). Freestone County continues to remain the highest at 5.9%. The Heart of Texas unemployment rate is below the state’s (4.3%) and above national unemployment rate (3.8%).

For more information on July 2022 Regional Labor Market data, view our Labor Market Profile. For in-depth information about the Heart of Texas region’s unemployment claims, visit www.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 Aug.  19, 2022.

 

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