Jobs Gains Jump in Late 2010
Written by admin, Jan 7, 2011, 0 Comments
Courtesy Lesley Lopez,major increase in SERVICE INDUSTRY jobs
WASHINGTON D.C.- Congressman Henry Cuellar (TX 28) applauded today’s Labor Department announcement of a dramatic drop in the national unemployment rate, which fell from 9.8 to 9.4 percent in December 2010, the largest drop in 19 months.
The unemployment rate in Texas continued to stay well below the national average at 8.2 percent.
The number of unemployed persons decreased by 556,000 and nonfarm payroll employment increased by 103,000, with the most significant gains in hospitality and health care sectors.
Employment in the hospitality industry increased by 47,000 jobs, with the largest gains in food services and drinking places (+25,000 jobs). Overall, the food services industry has added 188,000 jobs since December 2009.
“Reducing the unemployment rate is critical in creating a sustainable economic recovery,” said Congressman Cuellar. “The two-million small businesses in Texas are the backbone of our economy and they are the number one source of new jobs. As we start the 112th Congress, getting hardworking Americans back into the work force continues to be my highest priority.”
The full report can be read on the Dept. of Labor website here: http://www.bls.gov/news.release/empsit.nr0.htm
