McAllen- The City of McAllen once again boasts the area’s lowest unemployment rate. The Texas Workforce Commission recently released their figures for February 2016 indicating that McAllen’s unemployment rate decreased by .3 percent and once again had the lowest unemployment rate in the Rio Grande Valley, at 4.4 percent. This number reflects the lowest rate since April 2008.
Mayor Darling expressed enthusiasm over the figures and attributed the decline to the city’s ongoing efforts to promote economic development in the city, positive business growth and generating job opportunities.
“The City of McAllen's unemployment rate continues to be lower than the national average and is closer to the Texas rate. The continuously low unemployment rate, coupled with our vigorous population growth, points to a very good economic environment for our area,” Mayor Jim Darling said. “The cities of McAllen and Edinburg continue to enjoy a healthy competition to lead our area in this important category.”
In the last year, several major job-creating projects have been launched in McAllen, trade has increased and the health, education and government sectors have continued to grow.
McAllen city leaders are anticipating more job growth with ventures that include the La Plaza Mall expansion, the development of Tres Lagos, the new Texas A&M campus and the ongoing partnership with the University of Texas Rio Grande Valley and South Texas College.