Wednesday, October 28, 2009

Rising jobless rate not as severe here



By JIM MOLONY
Updated: 10.21.09
Just as it did in the rest of the country, unemployment rose locally during September, but the good news for Pearland, Friendswood and greater Houston is that the job market here isn't as tight as elsewhere.

According to the Texas Workforce Commission the Texas seasonally adjusted unemployment rate rose slightly to 8.2 percent in September, up from 8.0 percent a month ago, and continued to trend well below the U.S. seasonally adjusted unemployment rate of 9.8 percent.

The Texas Civilian Labor Force continued to increase, remaining above the mark of 12 million workers for the third consecutive month. Total non-agricultural employment in Texas fell by 44,700 positions during September.

"The Texas job market continued to tighten as most industries experienced job losses in September," Texas Workforce Commission Chairman Tom Pauken said. "While unemployment in Texas remains well below the national rate of 9.8 percent, this serious national recession continues to affect us adversely in Texas."

In Friendswood the unemployment rate rose to 6.7, the highest monthly reading in at least eight years, and yet the number may be misleading since a detailed breakdown is unavailable and Friendswood's major employers -- the two school districts and the city -- as well as other key local businesses did not report any significant layoffs.

"I have not seen high unemployment or even business relocations from Friendswood, it's been just the opposite," said Karen Capps, Friendswood's Economic Development Coordinator. "The number is high for us, but when you look at the rest of the country we're doing fine."

Overall in the United States economic growth has slowed, and in Galveston County, in which part of Friendswood lies, unemployment has nearly doubled (from 4.3 to 8.5 percent) during the last 12 months, according to the TWC.

"Galveston is different because of the storm," Capps said, referring to Hurricane Ike which closed scores of businesses and displaced a substantial segment of the work force.

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