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State unemployment rate falls for fourth straight month

​​AUSTIN – The Texas economy added 106,800 nonfarm jobs in August, pushing the unemployment rate down to 6.8 percent , reports the Texas Workforce Commission. 

This is the fourth consecutive monthly decrease and the lowest rate since Texas’ economy was initially impacted by the COVID-19 pandemic in March. 

“In a span of four months, the Texas economy has recovered 615,000 of the 1.4 million jobs lost between March and April,” said Real Estate Center Research Economist Dr. Luis Torres. “There is still a long road ahead to recuperate around 800,000 jobs.​”

The national unemployment rate is 8.5 percent, also down from July. 

Amarillo had the lowest nonseasonally adjusted unemployment rate in the state at 4.2 percent. Odessa had the highest at 11.1 percent. 

All employment sectors had seasonally adjusted job losses since August 2019 except for the financial activities industry, which saw a slight increase of 0.4 percent. Mining and logging had the largest job loss with employment falling 24.6 percent.​

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