Edinburg’s unemployment rate drops to 4.9 percent for September 2015, representing the best performance among Valley’s major cities, reports Edinburg Economic Development Corporation
Featured, from left: Keith Patridge, President and CEO, McAllen Economic Development Corporation; Sergio Contreras, Executive Director, Pharr Economic Development Corporation; Agustín García, Jr., Executive Director, Edinburg Economic Development Corporation; Rose Benavidez, Executive Director, Starr County Industrial Foundation; and Julian Álvarez, President, Rio Grande Valley Partnership, on Friday, September 25, participating in a presentation during the South Texas College Inno’ 2015, held at the STC Technology Campus Atrium, Building B, in south McAllen.
PHOTOGRAPH BY DIEGO REYNA
Edinburg’s unemployment rate for September 2015 was 4.9 percent – the same as McAllen – representing the best performances among the Valley’s major cities for that month, and the lowest figure for that month for Edinburg since September 2007, the Edinburg Economic Development Corporation has announced. Also according to the latest data, which was released on Friday, October 16, 2015 by the Texas Workforce Commission, there were more than 35,000 people employed in Edinburg during the month of September 2015. The EEDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The EEDC Board of Directors is comprised of Mark Iglesias as President, Harvey Rodríguez as Vice President, Ellie M. Torres as Secretary/Treasurer, and Mayor Richard García and Richard Ruppert as Members. The unemployment rate is a key indicator of the strength of the local economy. Edinburg’s latest showing was better than the U.S. unemployment rate for September 2015, which came in at 5.1 percent, according to the U.S. Department of Labor, Bureau of Labor Statistics (http://data.bls.gov/timeseries/LNS14000000). In its mission to help create jobs and help private businesses prosper, the Edinburg City Council and the EEDC Board of Directors place a high priority on the importance of a strong education system, said Mayor Richard García. “All that we are, and all that we want to be, one of the keys to our economic successes and quality-of-life is the classroom, and Edinburg has worked smart and hard to become a center of education in Texas,” the mayor said. “Just recently, top leaders from several of our nation’s largest corporations met with our area school district superintendents, in part because these industries recognize that their future, just like that of our nation, also depends on South Texas.” On Monday, October 5, 2015, a large group of public and charter school superintendents from across the Rio Grande Valley met during HESTEC with national government leaders, corporate partners, and administrators and faculty of The University of Texas Rio Grande Valley, during the Superintendents Leadership Breakfast. HESTEC stands for Hispanic Engineering, Science and Technology Week, an annual weeklong gathering which this year was held from Sunday, October 4, through Saturday, October 10, at the Edinburg campus of The University of Texas Rio Grande Valley. Mark Iglesias, the President of the EEDC Board of Directors, added that the deep pool of talent of Edinburg and South Texas was further emphasized by the attendance of U.S. Secretary of Education Arne Duncan to HESTEC in Edinburg the following day. “In many ways, HESTEC is part of our homeland security, because HESTEC’s goal to to encourage more South Texas students to become the leaders and professionals in our nation’s STEM fields, from where many of the great scientific breakthroughs come,” said Iglesias. “It is no coincidence that the captains of industry and the titans of politics come to Edinburg and South Texas, because we have what it takes to serve our nation.” Duncan praised HESTEC as a model for the nation in its efforts to expose students to all the opportunities available in the science, technology, engineering and mathematics (STEM) fields, and for helping prepare students for the workplace. “So many jobs of the future are in STEM fields,” he said. “Our country needs your talents, we need your expertise. We need for you to be the job creators and the entrepreneurs going forward.” As for the Superintendents Leadership Breakfast, it succeeded in its goal to open dialogue and share ideas on how to provide more opportunities for students and ensure their success, said Austin García, Jr., Executive Director for the EEDC. “When one looks at the incredible meetings, presentations, performances, exhibits, and turnout generated by HESTEC, it inspires all of us, not just our students,” said the EEDC Executive Director. “Such major events help let the nation know that South Texas is building on Edinburg’s reputation as ‘The Gateway to the Future.’”
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