The latest Employment report shows that, with the addition of 24,900 seasonally adjusted nonfarm jobs jobs in December, Texas continues to offer many advantages to employers who choose to do business in the state. Texas finished 2015 on a strong note with employers adding 166,900 jobs over the year.
Texas’ seasonally adjusted unemployment rate increased to 4.7 percent in December, up from 4.6 percent in November, and remained below the national average of 5.0 percent. Professional and Business Services employment surged in December with the addition of 12,500 positions. This marked the industry’s largest over-the-month gain since November 2014. The Education and Health Services industry recorded the second largest employment gain over the month in Texas with 7,400 jobs added. This marked 21 consecutive months of growth within the industry and a total of 66,700 jobs added since January 2015.
The Amarillo Metropolitan Statistical Area (MSA) recorded the month’s lowest unemployment rate among Texas MSAs with a non-seasonally adjusted rate of 2.9 percent, followed by the Austin-Round Rock and Lubbock MSAs each with rates of 3.1 percent in December.