Despite Two Years of Job Growth, Unemployment Inches Up

Texas may have reached a milestone in July, reporting two straight years of job growth. But the unemployment rate inched up again last month, from 7 percent to 7.2 percent, while economic growth remained relatively consistent. 

The Dallas Federal Reserve reported at the beginning of August that decelerated growth in the southwest region can be attributed to global and national economic uncertainty. Though job growth has continued throughout 2012, it slowed from 3.2 percent in the first quarter of the year to 1.4 percent in the second.

The Texas unemployment rate is still lower than the national ...

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