Economic Report Shows Big Jumps In Basin Work Force 10/24/12
CBS 7 News
October 24, 2012
WEST TEXAS - A report released by a west Texas organization shows that not only are people moving to west Texas but they are coming to work. Everywhere you turn, businesses are hiring and a report by the Permian Basin Regional Planning Commission shows huge jumps in the amount of people going to work.
According to the report, more than 88,368 people are working in Midland County, that's an increase of about 3.1 percent over the previous year. In Ector County, more than 83,630 people are working which is an increase of 3.2 percent over 2011.
Midland's unemployment rate is 3.3 percent. Ector County is sitting at 3.9 percent. The State's average is resting at 6.3 percent and the National unemployment average is 7.8 percent.
The west Texas counties that surprisingly declined in work force are Crane, Dawson, Glasscock, Loving, Pecos, Reeves and Upton.