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Friday, December 17, 2010

San Antonio Construction Jobs, Others Remain Stable

The local economy is starting to look up. More industries are seeing employment growth from last year and the majority of sectors are either remaining relatively stable, such as San Antonio construction jobs, or adding employees.

During November, the unemployment rate throughout Texas increased to 8.2 percent after remaining at 8.1 percent for two months in a row. However, that rate is still lower than the national average of 9.8 percent. The San Antonio area had a rate of 7.3 percent during October.

The San Antonio-New Braunfels area employed a total of 840,000 people during November, which is up from 838,500 workers during October and a .8 percent increase from last year, according to the U.S. Bureau of Labor Statistics.

Employment in the trade, transportation, and utilities industry grew the most over the month, adding 1,800 jobs for a total of 146,900 workers. That was followed by the education and health services industry, which added 700 jobs for a total of 125,500 employees.

Only two other industries added jobs during November. The information industry added 100 jobs for a total of 18,000 workers and the other services industry added 200 jobs for a total of 30,600 employees.

Employment in the mining and logging and manufacturing industries remained even over the month with 3,700 jobs and 41,700 jobs, respectively.

Seven industries experienced an over-the-year increase in employment, including:

  • Mining and logging by 12.1 percent
  • Professional and business services by 2.4 percent
  • Financial activities by 1.2 percent
  • Government by 1.1 percent
  • Education and health services by 1 percent
  • Trade, transportation, and utilities by .8 percent
  • Leisure and hospitality by .2 percent
When it comes to employment losses, four industries experienced a yearly decrease, with the information industry seeing the biggest drop of 5.3 percent. On a monthly basis, most industries remained relatively stable, with even hard-hit industries such as construction losing few jobs.

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