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Tuesday, November 23, 2010

 

Fort Worth Jobs Added in October

A number of Fort Worth jobs (Click here) were added last month.

During October, Texas's unemployment rate remained at 8.1 percent for the second month in a row, which is well below the national average of 9.6 percent. The Fort Worth area had an unemployment rate of 7.9 percent during September.

Th Fort Worth-Arlington area had a total non-farm employment of 852,800 workers during October, which is up from 849,200 workers during September and a 1 percent increase from last year, according to the U.S. Bureau of Labor Statistics.

The government industry accounted for the majority of the monthly and yearly increase in employment. The industry added 3,700 jobs - an increase of 3.7 percent - for a total of 128,100 workers during October.

Other industries that saw a monthly increase in employment include: trade, transportation and utilities by 700 jobs; professional and business services by 300 jobs; education and health services by 300 jobs; and mining, logging, and construction by 100 jobs.

Employment in the information and financial activities industries remained even over the month with 14,200 jobs and 48,800 jobs, respectively.

The education and health services industry saw the second-largest yearly increase in employment, growing by 2.8 percent between October 2009 and October 2010, for a current total of 108,600 workers.

The leisure and hospitality industry grew by 2.4 percent to 91,100 workers, while the professional and business services industry increased by 2.1 percent to 92,500 jobs; the other services industry grew by 1.6 percent to 32,000 workers; and the manufacturing industry increased by .9 percent to 87,300 jobs.

Only three industries experienced a monthly decrease in employment, including: leisure and hospitality by 1,200 jobs; manufacturing by 200 jobs; and other services by 100 jobs.

On a yearly basis, the information industry saw the biggest drop in employment, decreasing by 6.6 percent. That was followed by the financial activities industry, which declined by 1.8 percent.

The mining, logging, and construction dropped by 1.1 percent to 53,800 jobs and the trade, transportation, and utilities industry decreased by 1.1 percent to 196,400 workers.

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