Edinburg EDC: Edinburg’s unemployment rate of 6.2 percent for August 2017 represents the second-best showing for that month since 2008
Featured: Students make their way to breakout sessions during the University of Texas Rio Grande Valley’s Hispanic Engineering, Science, and Technology (HESTEC) Latina Day on Wednesday, October 4, 2017 at the Fieldhouse in Edinburg. The Edinburg Mayor and Edinburg City Council, along with the Edinburg Economic Development Corporation and its Board of Directors, lobby the Texas Legislature and the UT System Board of Regents on matters that benefit and protect UTRGV and its School of Medicine, which have major campuses in the city. In the background is a portion of the $70 million, 115,000-square-foot, four-story addition to the UTRGV Science Building in Edinburg, which is set to be completed early next year. The expansion is making possible crucial infrastructure, such as classrooms, offices, suites, works stations, laboratories, and equipment, to increase to 873 a year the number of graduates in STEM, which stands for the fields of science, technology, engineering and math. With the addition, the Science Building will be the largest facility on the Edinburg campus, resulting in a 272,000-square foot intensive STEM research and learning center.
Photograph By SILVER SALAS
Edinburg posted an unemployment rate of 6.2 percent in August 2017, which is the second-best showing for that month since 2008, with 36,066 people holding down full-time jobs, the Edinburg Economic Development Corporation has announced. This latest data also showed that Edinburg saw a growth of 254 jobs when comparing the monthly totals of August 2017 (36,066) and August 2016 (35,812), according to the Edinburg EDC, which is the jobs-creation arm of the Edinburg City Council. Edinburg and McAllen, which posted an unemployment rate for August 2017 of 5.5 percent, compared favorably with other large population centers in the Valley, which reported unemployment rates ranging from 6.7 percent (Harlingen) to 9.3 percent (Weslaco). The unemployment rate is a key indicator of the strength of the local economy. The August 2017 numbers are based on preliminary figures released on Friday, September 15, 2017, by the Texas Workforce Commission. The unemployment rate is the number of persons unemployed, expressed as a percentage of the civilian labor force, according to the Texas Workforce Commission. The civilian labor force is that portion of the population age 16 and older employed or unemployed. To be considered unemployed, a person has to be not working but willing and able to work and actively seeking work. Edinburg’s August 2017 unemployment rate of 6.2 percent is part of a consistent pattern of positive reports, including July (5.7 percent), June 2017 (5.9), May 2017 (5.4 percent), April 2017 (5.4 percent), March 2017 (6 percent), February 2017 (6.4 percent) and January 2017 (6.2 percent). Edinburg’s August 2017 unemployment rate of 6.2 percent is part of a consistent pattern of positive reports, including July (5.7 percent), June 2017 (5.9), May 2017 (5.4 percent), April 2017 (5.4 percent), March 2017 (6 percent), February 2017 (6.4 percent) and January 2017 (6.2 percent). The Edinburg EDC, of which Agustín García is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr. as Secretary/Treasurer, and Richard Ruppert and Dr. Peter Dabrowski as Members. Mayor Richard García and Edinburg EDC Executive Director Agustín García are not related.
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