Tom Pauken, the Chairman of the Texas Workforce Commission says the Panhandle region has the lowest unemployment in the state. Amarillo unemployment is at 4.1%. Statewide it's 6.7% and 8.9% nationally.
Pauken attributes the low rate to the health of the agricultural industry, the oil and gas industry and commodities.
Steve Amosson, Economist for the AgriLife Extension Service says in the 26 county area, nearly 13,500 employees are cumulatively making $16-million a year.
Pauken also says conservative fiscal policies by local independent banks has helped.
Pauken does not like the budget proposal issued recently by the Obama Administration. He says as many as 100,000 oil and gas jobs could be lost in Texas.