Posts Tagged ‘Job growth’

Texas Job Growth Rate Going Up

 

COLLEGE STATION (Real Estate Center) – The Texas economy gained 258,500 nonagricultural jobs from August 2012 to August 2013, an annual growth rate of 2.4 percent compared with 1.7 percent for the United States.

According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the state’s nongovernment sector added 247,800 jobs, an annual growth rate of 2.7 percent compared with 2 percent for the nation’s private sector.

All Texas industries except the transportation, warehousing and utilities industry had more jobs in August 2013 than in August 2012. The state’s mining and logging industry ranked first in job creation, followed by construction, leisure and hospitality services, and professional and business services.

Texas’ seasonally adjusted unemployment rate fell to 6.4 percent last month from 6.8 percent a year ago. The nation’s rate decreased from 8.1 to 7.3 percent.

All Texas metros except Texarkana had more jobs. Odessa ranked first in job creation, followed by Midland, Dallas-Plano-Irving, Fort Worth-Arlington and Houston-Sugar Land-Baytown.

The state’s actual unemployment rate last month was 6.3 percent. Midland had the lowest unemployment rate, followed by Odessa, Amarillo, Abilene, San Angelo and Lubbock.

Texas Keeps Cranking Out Jobs

 

COLLEGE STATION (Real Estate Center) – Texas once again created more jobs than the nation, gaining 302,300 nonagricultural jobs from July 2012 to July 2013, an annual growth rate of 2.8 percent. By comparison, the nation’s job growth rate was 1.7 percent.

According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the state’s nongovernment sector added 289,200 jobs, an annual growth rate of 3.2 percent compared with 2.1 percent for the nation’s private sector.

Texas’ seasonally adjusted unemployment rate fell to 6.5 percent in July 2013 from 6.9 percent in July 2012. The nation’s rate decreased from 8.2 to 7.4 percent.

All Texas industries except the transportation, warehousing and utilities industry had more jobs. The state’s construction industry ranked first in job creation, followed by mining and logging, leisure and hospitality services, and professional and business services.

All Texas metro areas except Wichita Falls had more jobs. Midland ranked first in job creation, followed by Odessa, Fort Worth-Arlington, Corpus Christi, Dallas-Plano-Irving, Houston-Sugar Land-Baytown and Austin-Round Rock-San Marcos.

The state’s actual unemployment rate in July 2013 was 6.7 percent. Midland had the lowest unemployment rate followed by Odessa, Amarillo, Abilene and Austin-Round Rock-San Marcos.

Construction Leads State in Job Creation

 

COLLEGE STATION (Real Estate Center) – The Texas economy gained 290,500 nonagricultural jobs from June 2012 to June 2013, an annual growth rate of 2.7 percent compared with 1.7 percent for the United States. The state’s nongovernment sector added 275,800 jobs, an annual growth rate of 3 percent compared with 2 percent for the nation’s private sector.

According to the Real Estate Center’s latest Monthly Review of the Texas Economy, Texas’ seasonally adjusted unemployment rate fell to 6.5 percent in June 2013 from 7 percent in June 2012. The nation’s rate decreased from 8.2 to 7.6 percent.

All Texas industries except the transportation, warehousing and utilities industry had more jobs last month than a year ago. The state’s construction industry ranked first in job creation, followed by leisure and hospitality services, professional and business services, and mining and logging.

All Texas metro areas except Wichita Falls, Tyler, Beaumont-Port Arthur and Texarkana had more jobs than a year ago. Midland ranked first in job creation, followed by Odessa, Fort Worth-Arlington, Houston-Sugar Land-Baytown and Austin-Round Rock-San Marcos.

The state’s actual unemployment rate was 6.9 percent. Midland had the lowest unemployment rate followed by Odessa, Amarillo, Abilene and Austin-Round Rock-San Marcos.