Unemployment rate continues to dwindle in Texas

Job opportunities are replete in Texas.While many people may still be having trouble landing a job in today’s economy, that hasn’t been too much of a problem for Texans.According to a recent report released by the Texas Workforce Commission, the unemployment rate in the Lone Star State, dipped to 6.1 percent in the last month of 2012 from 6.2 percent in November. On a year-over-year basis, the jobless rate was more than a full percentage point lower than where it was in December 2011.Andres Alcantar, chairman of the TWC, indicated that the job market was particularly strong in several of the state’s largest industries, including, education, trade, transportation and health services.”With those positive strides and 11,800 private sector jobs added in the past month, 2012 was a strong year for Texas and my hope is that the Texas economy will build on that success in 2013,” said Alcantar.Also indicative of Texas’ strong economic performance in December was the Houston real estate climate, particularly among properties with high asking prices. According to the Houston Association of Realtors, sales volume was strongest with properties priced at $500,000 and above.
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