Metro Unemployment Rate Continues to Fall to Historically Low Levels

The San Antonio economy continues surging, as Workforce Solutions Alamo reports the metro unemployment rate fell in September to a near record law 2.9%, News Radio 1200 WOAI reports.

This is on the strength of a robust 3.4% job creation rate over the past 12 months, with 36,300 new jobs created in the metro.

Job growth was uniformly strong across almost all sectors, with Professional and Business Services, a catch-all classification which covers attorneys, accountants, consultants, and other certified professionals who support buisness showing the strongest gain, with 2% job growth in that category.

Other strong categories include Education and Health Services, Government, and Leisure and Hospitality.

Financial Activities, bouyed by falling interest rates, continues to grow, as does Construction and Manufacturing.

The Oil and Gas industry, classified as 'Mining and Logging,' shows no gain over the month, as a consequence of lower world oil prices.

The Metro San Antonio unemployment rate remains lower than the statewide and national jobles rates.

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