State & area unemployment rates decrease in October

Texas’ private sector added 136,300 jobs over the month and the Texas unemployment rate fell to 6.9 percent in October from 8.3 percent in September, according to the Texas Workforce Commission. The Texas unemployment rate for October 2020 is in line with the National unemployment rate of 6.9 percent. “While the unemployment rate captures only a snapshot of our economy at a specific moment in…