Unemployment rate rises from Aug. to September, but jobs grow
By BRUCE ALSOBROOK | News-Telegram Managing Editor
Oct 19, 2007 - Job growth continued to climb in Hopkins County in September, with over 200 more people working than in August.
According to data compiled by the Texas Workforce Commission, unemployment in September was at 3.8 percent, down from one year before when the jobless rate was 4.1 percent.
September’s local rate was slightly higher than August’s 3.6 percent. That’s somewhat unusual, as the migration of summer workers back to the classroom usually has the reverse effect, drawing down the numbers left in civilian labor force.
But the past few months have been anything but usual. September, for example, was the fourth time this year the unemployment rate has been below 4 percent, a mark breached in only seven other months the entire decade.
And whereas drops in the unemployment rate are sometimes attributable to a lower number of people actively seeking work, the opposite was true in September. The civilian labor force rose from 17,626 in August to 17,864 last month.
And the vast majority of those people found work — the number of people working in Hopkins County rose from 16,990 in August to 17,192 in September.
The county is also on pace to record the lowest annual jobless rate of the decade. Through the first eight months of the year, unemployment has averaged just over 3.8 percent.
Hopkins was the only one of eight counties in the area where the unemployment rate rose from August to September, it was number three in terms of the total number of new workers compared to one year ago.
Hopkins County gained 117 jobs from September of 2006 to September of 2007, trailing only Hunt County (349) and Franklin County (157).
Only Titus and Lamar counties registered drop-offs in the number of people employed, falling by 129 in Titus County and 115 in Lamar.