Lubbock unemployment rate up for June - KCBD NewsChannel 11 Lubbock

7/16/10

Lubbock unemployment rate up for June

By Christie Post - email

LUBBOCK, TX (KCBD) - Although the Texas unemployment rate dropped to 8.2% in June, the Lubbock unemployment rate jumped one whole percent in just one month.

Lubbock jumped to 6.7% from 5.7% in May, but still remains the third to lowest rate in the state. Lubbock Economic Development Alliance said it happens around this time every year due to the loss of state and federal jobs.

"I just think this is good news for us. We haven't shown any highs and lows and if we can show our population and labor force is growing, that's just going to help us bring in more business," said director, Terri Patterson.

Patterson said the loss of census workers and teachers cause this hike. "That's how the state calculates the unemployment rate, they look at teacher contracts as 9 months instead of 12 months. They're counted in the unemployment numbers so that's basically where a lot of the jobs were lost."

According to the Texas Workforce Commission, in the State of Texas, The Education and Health Services industry recorded the highest increase in June, with 8,900 jobs added, followed by Professional and Business Services, which increased by 8,600 jobs.

The Midland Metropolitan Statistical Area (MSA) had the lowest unemployment rate in the state at 5.9%. The Amarillo MSA had the second lowest unemployment rate in June at 6.0%, followed by the Lubbock MSA at 6.7% (not seasonally adjusted).

Good news for Lubbock, the city has economic stabilizing jobs like agriculture, healthcare and education to keep our economy going. LEDA says this unemployment jump is temporary and it will go down.

©2010 KCBD NewsChannel 11. All rights reserved.

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