El Paso unemployment numbers lower than national average, higher than statewide stats

Workforce Solutions Borderplex released their November 2015 unemployment number, and the news for the region is generally good.

According to the numbers, in November 2015, the El Paso Metropolitan Statistical Area (MSA) unemployment rate was 0.5 points higher than the unemployment rate for the City of El Paso.

The unemployment rate for the city  was at 4.7% which signified a 0.1 % decrease from the previous month, and a decrease of by 0.6 % since last year.

While the unemployment rate for El Paso was higher than the rate for the State of Texas (4.5%), it was still lower than the National unemployment rate  of 4.8%.  Meanwhile in the county, the unemployment rate was 5.2%, which was higher than the unemployment rate for the state of Texas (4.5%), and higher than United States (4.8%).

The El Paso (MSA) ranked 21st out of the 25 Texas MSAs in terms of unemployment rates.

Workforce Solutions Borderplex also measured the three Super Sectors with the greatest employment for the El Paso MSA in November 2015.

Numbers revealed they were (1) Government; (2) Trade, Transportation, and Utilities; and (3) Educational and Health Services. These three Super Sectors represented 59% of the total nonfarm employment.

The three Super Sectors with the least employment for the El Paso MSA in November 2015 were (1) Financial Activities; (2) Other Services and (3) Information.

The unemployment numbers for the region are as follows:

• Texas State 4.5%
• El Paso MSA 5.2%
• El Paso City 4.7%
• Socorro City 5.2%
• El Paso County 5.2%
• Brewster County 4.0%
• Culberson County 4.5%
•  Hudspeth County 5.8%
• Jeff Davis County 3.5%
• Presidio County 10.9%

The El Paso Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of two counties – El Paso and (since 2013) Hudspeth County.

Author: Workforce Solutions Borderplex