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5 percent unemployment may be new normal for Texoma

Sherman-Denison unemployment increases 1 1 percent in November

Herald Democrat The Sherman-Denison unemployment rate rose for the month of November as it continued its rollercoaster course through the fall and winter months. The Texas Workforce commission released its monthly job report for November, which reported that the local unemployment rate rose 1.1 percent for the month. This continued a four-month back-and-forth as the rate has bounced between 5 and 6 percent. If I had been making predictions of what would happen from October to December, I would think we would go down half a point to 4.5 (percent), Workforce Solutions Texoma Executive Director Janie Bates said.  We are all kind of surprised it has gone up.

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