AUSTIN – Texas’ unemployment rate fell to 7.2 percent in December 2020, down from 8.1 percent in November 2020.
According to the Texas Workforce Commission, the state added 64,200 nonfarm jobs last month. Texas’ private sector added 67,600 positions.
The national unemployment rate was 6.5 percent.
Amarillo had the lowest nonseasonally adjusted unemployment rate in the state at 4.9 percent. McAllen-Edinburg-Mission had the highest at 11.7 percent.
All employment sectors had seasonally adjusted job losses since December 2019 except for financial activities and professional and business services, which grew 1 and 2 percent, respectively. Mining and logging had the largest job loss with employment falling 17.9 percent.
The Texas Real Estate Research Center has a wealth of economic information online for free.