Metro San Antonio Unemployment Continues to Fall

The unemployment rate in the 13 county San Antonio metro area fell in February, even as concerns about economic growth drove down the stock market on Friday, News Radio 1200 WOAI reports.

The jobless rate fell to 3.4 percent, down from 3.7 percent in January.

McMullen County, in the heart of the booming Eagle Ford shale field, has a jobless rate of 1.9 percent.. The highest unemployment in the area is in Atascosa County, at 4.0 percent.

Bexar County's unemployment rate is 3.5%.

Economists generally consider an unemployment rate of 4 percent to be 'full employment,' below which a shortage of workers becomes a drag on economic growth.

The local unemployment rate remains below the statewide and nationwide jobless rates, indicating sustained strength in the local economy.

News Radio 1200 WOAI · San Antonio's News, Traffic and Weather

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