A Job: In June. In Texas

The Bureau of Labor Statistics released the Employment Situation report for June 2019 on July 19, 2019.

In June, unemployment rates were lower in 6 states and stable in 44 states and the District of Columbia. Nonfarm payroll employment increased in 4 states and was essentially unchanged in 46 states and the District.

Unemployment

Vermont had the lowest unemployment rate in June 2019, 2.1 percent. The rates in Alabama (3.5 percent), Arkansas (3.5 percent), New Jersey (3.5 percent), and Texas (3.4 percent) set new series lows. (All state series begin in 1976.) For Texas, the unemployment rate went down from 3.5% in May 2019 to 3.4% in June 2019.  Statistically, this was a significant decrease. Housing sales go the way of jobs. When there are more jobs and higher salaries, more families are looking for homes to buy near where they work.

Nonfarm Payroll Employment

Twenty-eight states had over-the-year increases in nonfarm payroll employment in June. The largest job gains occurred in Texas (+315,600), California (+296,100), and Florida (+218,800). The largest percentage gain occurred in Nevada (+3.3 percent), followed by Arizona (+2.8 percent) and Utah and Washington (+2.7 percent each).

Falls, Slips, and Trips

55% of the injuries reported by education, training, and library workers 55 and older were injured in falls, slips, and trips. 36% of the injuries reported by healthcare support personnel 55 and older were injured by falls, slips, and trips. 46.7% of the injuries reported by sales and related workers 55 and older were injured by falls, slips, and trips. 34.7% of the injuries reported by farming, fishing, and forestry workers 55 and older were injured by falls, slips, and trips.

Overexertion and Bodily Reaction

43.2% of injuries reported by installation, maintenance, and repair workers 55 and older were injured by overexertion and bodily reaction. 38.5% of injuries reported by production workers 55 and older were injured by overexertion and bodily reaction.

The Metropolitan Area Employment and Unemployment news release for June is scheduled to be released on Thursday, August 1, 2019, at 10:00 a.m. (EDT). The State Employment and Unemployment news release for July is scheduled to be released on Friday, August 16, 2019, at 10:00 a.m. (EDT). I’m looking forward to seeing how our Texas large metropolitan areas did this quarter.

REI Capital Resources is “focused on funding your success.” 

Give me a call or send an e-mail and share with me your plans and needs, and I’ll see what lending solution I can generate for you.

Patrick St.Cin

W – 512-213-2271
Patrick@REICapital.cash
Info@REICapital.cash e 01050000

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