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State’s jobless rate dips to lowest point since 2001

Texasí seasonally adjusted unemployment rate fell to 4.1 percent in August, the lowest rate for the state since January 2001.

The jobless rate for the Lone Star state also continued to trend below the national rate, which stood at 5.1 percent last month.

Despite the downturn in the local oilfield economy, the jobless rate for Hockley County improved.

It dipped from 4.3 percent in July to 4.1 percent in August. The rate a year ago, in August 2014, was also the same.

According to the Texas Workforce Commission, 11,859 people were employed last month in the county while 503 were out of work.

The job picture declined slightly in Cochran County.

There the unemployment rate rose from 5.6 percent to 5.8 percent in August. It was 5.0 percent in August 2014.

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