Texas Border Business
Government leads all industries
(McAllen, TX) The City of McAllen posted the lowest unemployment rate for the month of October at 4.5%, dropping from 5.2% in September. Other cities in the area also had a decrease in unemployment in October, leading to an overall 1.3% drop in Hidalgo County’s unemployment rate to 6.7%.
While approximately 3,900 jobs were added in the border counties of Hidalgo, Cameron and Webb, in areas of healthcare and private education; government; business and professional services; mining and construction; trade, transportation, utilities; and manufacturing, the areas of leisure and hospitality lost jobs overall.
In McAllen, major customer care centers are opening or are already open and growing their business with several hundred employees over the next few years.
“McAllen continues to be the leading economic driving force for the Rio Grande Valley and thanks to the work of the Commission and City leaders, our community is thriving for the benefit of all of our residents,” said City of McAllen Mayor Jim Darling.
Thanks to an overall increase in construction valuation in the City of McAllen of $155.5 million over the same time last year – a total of $330-plus million was posted for the past fiscal year – city leaders expect to see an increase in construction employment and, once those jobs are complete, in the retail and service industry.
