The Bains

The Texas economy lost 292,700 nonfarm jobs form September 2008 – September 2009 for an annual job loss of 2.8%. For the U. S. economy it was 4.2%. Seasonally adjusted unemployment
rate rose from 5.2% to 8.2 % in September 2009, while the U. S. rate rose to 9.8%. Three Texas
industries had more jobs – education & health services, other services, financial activities + the
government sector. Other industries experienced net job losses over the same period. The only
metro area to pose a positive employment growth rate for the past year is the McAllen-Edinburg-
Mission area. HAVE A BLESSED THANKSGIVING!