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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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San Antonio’s unemployment fell to 3.7 percent in March

texasUnemployment in the San Antonio-New Braunfels metropolitan area dropped to 3.7 percent during the month of March, according to labor market data figures released by the Texas Workforce Commission.

This is down from San Antonio’s 3.8 percent unemployment rate in February and down from 4.9 percent during March 2014.

Statewide, Texas’ unemployment rate fell to 4.2 percent in March — its lowest level since July 2007. This is down from 4.3 percent in February and down from 5.4 percent in March 2014.

Total nonfarm seasonally adjusted employment actually decreased by a net 25,400 jobs in March. However, the state added 327,500 jobs over the past 12 months for an overall growth rate of 2.9 percent. Texas outperformed the nation, which had a growth rate of 2.3 percent.

Click to read entire article: San Antonio’s unemployment fell to 3.7 percent in March (San Antonio Business Journal, 04-17-15)

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