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AUSTIN — Texas’ seasonally adjusted nonagricultural employment grew by 47,700 jobs in June. Texas employers now have added 245,000 jobs in the past 12 months, for an annual job growth rate of 2.4 percent, compared with a flat annual job growth rate nationally. The Texas unemployment rate fell slightly to 4.4 percent in June from 4.5 percent in May, up from 4.3 percent in June 2007. The U.S. seasonally adjusted unemployment rate remained unchanged at 5.5 percent in June, up from 4.6 percent a year ago. “We remain cautiously optimistic as Texas continues to add jobs despite slowing national trends,” said Texas Workforce Commission Chairman Tom Pauken. “It is encouraging to note job gains are broad-based across nearly all industries from construction to financial services to leisure and hospitality.” The Midland Metropolitan Statistical Area experienced the lowest unemployment rate in the state at 3.1 percent (not seasonally adjusted). The Amarillo MSA was second at 3.6 percent, followed by the Odessa MSA at 3.7 percent. Professional and Business Services added 10,700 jobs in June, for an industry gain of 66,800 positions in the past year. Trade, Transportation, and Utilities tripled the five- and 10-year averages for growth, adding 8,400 jobs in June. In the past 12 months, the industry has gained 42,900 positions. “Texas employers continue to show strong performance, countering tough economic conditions on the national front,” said Ron Lehman, TWC commissioner representing employers. “The addition of nearly 48,000 jobs in June is the second largest monthly job gain since July 2005.” For the 17th consecutive month, Education and Health Services saw gains, increasing by 7,000 jobs in June, with 38,500 positions added over the year. Leisure and Hospitality gained 4,400 jobs this month, with 38,700 positions added since June 2007.
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