Texas unemployment rate drops to 4.6 percent

[dropcap]T[/dropcap]he increase of over 40,000 jobs in June led to the second straight month Texas’ unemployment rate has dropped, according to a press release from the Texas Workforce Commission.

The state’s seasonally adjusted unemployment rate fell to 4.6 percent, which was a decrease of 0.2 percent from May.

Texas’ annual employment growth outperformed the previous two years with 319,300 jobs added over the year, bringing the state’s annual growth rate up by 0.4 percentage points to 2.7 percent, according to the TWC.