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August 23, 2009
Collin County's unemployment rate continues to slowly rise through the remainder of 2009.
Data collected by the Texas Workforce Commission show the rate of unemployment claims rose from 7.7 to 7.9 percent of the population from June to July.
The county's unemployment rate jumped more than an whole percentage point from the beginning of the year and nearly three points from the same time last year. The rate has risen since January from 6.5 percent, dropping only once from March to April. The rate in July of 2008 stood at 4.8 percent.
The rate remained "relatively steady" across the state last month. The Texas Workforce Commission said the rate only rose to 7.9 percent from 7.5 percent in June due to "the number of people entering the workforce," according to a released statement.
"The national economic recession continued to have an adverse impact on the Texas economy," TWC Chairman Tom Pauken said. "Nonetheless, the Texas unemployment rate remained well below the national rate, and there were signs of positive growth in certain industries."
TWC attributed the small jump to job gains in industries such as professional and business services, education and health services, all of which brought a combined 33,100 jobs to the state in one month.
"At more than 12 million workers, the Texas labor force is larger than ever," said TWC Commissioner Representing Labor Ronny Congleton. "TWC is here to help those joining the labor force with work search assistance, skills training and other services."
Other growth sectors of the workforce include construction, leisure and hospitality and financial activities that have created 7,600 jobs across the state for the third straight month.
"Although the Texas unemployment rate was up in July, Texas continued to trend well below the national unemployment rate of 9.4 percent," said TWC Commissioner Representing the Public Andres Alcantar. "Job growth in many industries in July provided job opportunities for those entering the labor force."
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