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<br />Unemployment Rate <br />Consistent with a stable population base and large number of residents working outside of <br />the city, La Porte's unemployment rate has fluctuated based on regional economic trends. In <br />2000, the unemployment rate in La Porte registered 3.2 percent. By 2005, the <br />unemployment rate had risen to 4.4 percent. The resurgence of the oil and gas sector <br />created an economic surge for the area. As a result, the unemployment rate dropped to 3.6 <br />percent in 2007. The current national economic recession and falling energy prices, however <br />have reversed some of these job gains. The current unemployment rate in La Porte is 6.0 <br />percent, above the Harris County average for the first time this"decade. <br /> <br />Figure 8: La Porte Unemployment Rate <br />I 8.0% <br /> <br />-LaPorte -HarrisCounty <br /> <br />7.0% <br /> <br />6.0% <br /> <br /> <br />5.0% <br /> <br />4.0% <br /> <br />3.0% <br /> <br />2.0% <br /> <br />1.0% <br /> <br />0.0% <br /> <br />2000 <br /> <br />2001 <br /> <br />2002 <br /> <br />2003 <br /> <br />2004 <br /> <br />2005 <br /> <br />2006 <br /> <br />2007 2008 (Nov) <br /> <br />Source: Texas Workforce Commission <br /> <br />Compared to its peer communities, La Porte's rising unemployment rate is consistent with <br />regional trends. In November 2008, Texas City's unemployment rate climbed to 9.3 percent, <br />or 50.0 percent greater than the La Porte value. Deer Park and League City have the lowest <br />unemployment rates atS:lpercent 5.3 percent respectively. <br /> <br />City of La Porte, Texas - Economic & Demographic Assessment I January 2009_ <br />