Lubbock's unemployment rate made a noticeable improvement from July to August according to numbers released Friday by the Texas Workforce Commission. The rate dropped from 7.2% in July to 6.6% in August. It was 6.5% percent in August of 2010.
And while the year-to-year comparison looks worse, it is important to note that Lubbock created an estimated 3,800 new jobs. With so many more jobs, how can the unemployment rate go up? The number of people looking for a job also went up from August 2010 to last month.
Texas' seasonally adjusted unemployment rate was 8.5 percent in August and remains 8.5% when not seasonally adjusted. (Lubbock's numbers are not adjusted.) Lubbock had the 4th best unemployment rate behind Amarillo, Midland, and Odessa.
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