MIDLAND – The metro’s unemployment rate jumped to 10.2 percent in April, according to the Texas Workforce Commission.
Unemployment increased 6.8 percent from March and six times year over year.
Midland lost 14,700 total nonfarm jobs. The mining, logging, and construction sector suffered the biggest loss with 5,200 jobs. Leisure and hospitality followed, losing 4,200 jobs.
Last month, Texas lost nearly 1.3 million jobs, pushing the statewide unemployment rate to 12.8 percent.
From March 21 to May 16, nearly 2.1 million Texans filed initial unemployment claims. The Real Estate Center estimates that the state’s unemployment rate could be as high as 18.7 percent in May.
The Real Estate Center has a wealth of economic information online for free.