Heart of Texas unemployment rate declines in October
The Heart of Texas six-county regional unemployment rate edged down to 3.6% for October 2023, a decrease of .2% from September 2023. The 3.6% unemployment rate was comprised of 6,447 residents and 876 continued unemployment claims. Job growth for the Waco metropolitan area increased by 400 jobs in October, while the region’s average weekly wages for the second quarter of 2023 experienced a modest decline to $1,049, TWC’s TexasLMI.com reports.
For detailed information on this month’s labor market data, view our Regional Labor Market Information web page. For real-time labor market data, regional employment trends, wage/salary insights and other data, check out our new Heart of Texas Labor Market Insights labor market data visualization tool.
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Workforce Solutions for the Heart of Texas provides comprehensive services for businesses and job seekers in its six-county service area, which includes Bosque, Falls, Freestone, Hill, Limestone, and McLennan counties. Workforce Solutions for the Heart of Texas is one of 28 local workforce development boards under the direction of and funded by the Texas Workforce Commission (TWC).
Source: Texas Workforce Commission TexasLMI.com
Note: All unemployment rates listed are not seasonally adjusted. All data reported based on latest TexasLMI.com Labor Market data release as of Nov. 17, 2023.