State & area unemployment rates drop significantly in June

In June, Texas saw a decrease in the state unemployment rate to 8.6 percent from 13.0 percent in May, according to the Texas Workforce Commission. This is the second consecutive monthly decrease and the lowest rate since March 2020, when the Texas economy was initially impacted by the COVID-19 pandemic. Texas is below the national rate of 11.1 percent. The Texas economy added 243,900 private…