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16,600 jobs added to Longview economy since 2000
The Longview area economy got more good news Friday with figures released from the Texas Workforce Commission indicating the area has added 16,600 jobs since 2000.
The June unemployment rate for the Longview area dropped to 4.2 percent - the lowest this decade for the month of June while the number of people at work reached a record high of 104,300, according to the Texas Workforce Commission.
So far this decade, the Longview Metropolitian Statistical Area of Gregg, Rusk and Upshur counties, has added 16,600. The number of people employed has jumped from 87,700 in June 2000 to 104,300 last month, according to Texas Workforce Commission.
The Longview MSA also did considerably better than the state and nation on the unemployment front in June. Texas posted a 4.8 percent unemployment rate while at the national level unemployment stood at 5.7 percent.
The agency reported the Longview MSA has added 3,100 jobs in the past year, going from an employment level of 101,200 in June 2007 to June’s 104,300.
Longview MSA Employment Trends
Month/Year Employment
June 2000 87,747
June 2001 88,970
June 2002 89,023
June 2003 90,558
June 2004 95,402
June 2005 97,942
June 2006 98,582
June 2007 101,240
June 2008 104,300
Source: Texas Workforce Commission; figures are for non-farm employment levels.
Longview MSA June Unemployment rates
Year Rate
2000 5.6%
2001 5.7%
2002 7.5%
2003 7.8%
2004 6.2%
2005 5.2%
2006 5.1%
2007 4.4%
2008 4.2%
Source: Texas Workforce Commission
Comments
By mm
July 19, 2008 2:29 AM | Link to this
I think these statistics are great.
Does anyone know why Moodys and S@P have downgraded the credit rating of LONGVIEW TEX WATER WORKS & SEWER SYSTEM REF Revenue Bonds on the the 4th and 5th of June of this year. CUSIP: 543291DT2