Targeted Employment Area: Franklin County, Texas

Created on 8/23/2017 4:06:19 AM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2016 unemployment averages for Franklin County in April.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Franklin County Texas and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Franklin County, Texas to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Franklin County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Franklin County may not be granted a designation letter -- or depending on project type, target areas, and Texas requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Franklin County Texas Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 48159 8,286 4,613 4,309 304 6.6% No
BLS 48159 n/a 4,499 4,274 225 5% No

Supporting EB-5 Regional Centers

These EB-5 Regional Centers can assist you for projects in Franklin County Texas. We have a growing network of EB-5 companies and professionals who are ready to assist you. Please contact us so that we may guide prior to engaging a centers who support Franklin County.

Franklin County, Texas

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