Texas Economy Improving; Unemployment Rate Low

Texas’ unemployment rate — 7.8 percent — is the lowest it’s been since July 2009, when the recession was just heating up, according to employment statistics released by the Texas Workforce Commission today. 

“Texas continues to see signs of improvement in the labor market,” said Tom Pauken, chairman of the Texas Workforce Commission in a press release.

Nationally, claims for unemployment benefits are low and the country is gaining jobs. The state unemployment rate is still below the national unemployment rate, currently at 8.5 percent. Although growth will be slow, economists speculate job gains will continue across the country ...

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