The latest Employment report shows that with the addition of 16,300 jobs in November, the state’s economy continues to grow and job opportunities continue to increase. The state has experienced job growth in 9 of 11 months in 2015, to the tune of 179,300 jobs over the past year.
The adjusted unemployment rate increased from 4.4 percent in October to 4.6 percent in November, but remained below the national average of 5.0 percent. The Construction industry accounted for more than half of November’s net job gains with the addition of 9,000 jobs, marking that industry’s fourth straight month of growth. The Professional and Business Service industry also added jobs for the fourth month in a row, adding 5,500 positions in November.
The Amarillo Metropolitan Statistical Area (MSA) recorded the month’s lowest unemployment rate among Texas MSAs with a non-seasonally adjusted rate of 3.2 percent, followed by the Austin-Round Rock and Lubbock MSAs with rates of 3.3 and 3.4 percent, respectively, in November.