Heart of Texas region unemployment rate sees slight increase in May
Waco, Texas ⎯ The unemployment rate for the Heart of Texas region rose by 0.2% from April to May. The current rate stands at 3.8%, with 6,852 residents unemployed and 873 continuing unemployment claims. The region saw a gain of 600 new jobs.
Bosque and McLennan County recorded the lowest unemployment rate (3.7%), followed by Hill (3.9%), Falls (4.2%), Limestone (4.8%), and Freestone (5.8%). The 3.6% unemployment rate for the region was below Texas’ (4.1%), and above the national rate (3.4%).
For more information on June 2023 Regional Labor Market data, view our Regional Labor Market Information web page. For in-depth information about the Heart of Texas region’s labor market information, visit TexasLMI.com. Want the latest local labor market information delivered to your inbox? Opt-in here.
For no-cost employer services including custom labor market reports for your industry, quality candidate referrals, hiring fairs/customized hiring events, and more, contact our Business Solutions team by email at solutions@hotworkforce.com or by phone at 254-296-5201.
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 June 16, 2023.