Friday, September 28, 2018

Study Finds San Antonio Employers Cut Jobs This Summer

Posted By on Fri, Sep 28, 2018 at 1:16 PM

click to enlarge FILE PHOTO
  • File photo

The number of San Antonio jobs dipped from June to August, according to the Federal Reserve Bank of Dallas, even though the city's unemployment remained close to historic lows.

One possible explanation: There aren't enough workers to go around. Unable to fill some of their open positions, employers may have just spiked those jobs.

Jobs declined by 0.4 percent during the summer months, according to the Dallas Fed's latest snapshot of the San Antonio economy. In August, the city's jobless rate hovered around 3.3 percent, below the state and national averages.

Health-care and construction added the most jobs while manufacturers and professional services providers cut the most – as a percentage of their overall jobs, not in raw numbers.



For the year so far – January through August – San Antonio's job growth has been a weak 0.4 percent.

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