On Friday, the City shared the latest report from Workforce Solutions that reported the City’s unemployment rate at 4.3 percent.
According to the report from Workforce Solutions, the unemployment rate for the city of El Paso in February 2016 was at 4.3% which signified a 0.2% decrease from the previous month.
Additionally, the unemployment rate for the city of El Paso decreased by 0.7% since last year. The unemployment rate for the city of El Paso was the same as the unemployment rate for the state of Texas (4.3%); but lower than the National unemployment rate (5.2%)
El Paso Mayor Oscar Leeser has focused on improving the economic development climate in the city.
“The City of El Paso is seeing unprecedented numbers for unemployment. With efforts to assist local businesses grow their workforce, coupled with recruitment of new companies, now more than ever El Pasoans have more career opportunities. City Council has taken the lead to ensure companies know the City of El Paso is open for business and I am thankful for their support of this effort,” said El Paso Mayor Oscar Leeser.
The report comes on the heels of Top Golf announcing that El Paso is on their latest expansion list and Allegiant Air announcing new nonstop flights from El Paso to Las Vegas, San Diego and Orlando.
“These are just a couple of examples of the many initiatives our City team has been working on throughout this past year,” explained Mayor Leeser.
The City’s Economic Development stats continue to improve, over the past two years there have been 2,791 jobs created, 5,908 jobs retained and businesses have made more than $500 million dollars investment in the city.
Mayor Leeser concluded by saying, “Our citizens are committed to improving our City and it is important that they know their City government is working hard to meet the commitments made and bring exceptional opportunities to the El Paso region.”
To view the entire report, click HERE