The latest Employment report shows that with the addition of 2,100 non-farm jobs in February, Texas has now expanded its seasonally adjusted employment for 11 consecutive months. This addition of jobs in February brings the over-the-year gain to 170,900.
The adjusted unemployment rate fell to 4.4 percent in February, down from 4.5 percent in January, but remained below the national average of 4.9 percent. Texas saw employment growth in seven of the 11 major industries, including increases in all but one of the Service Providing industries. Some of those gains were offset by losses in Goods Producing industries.
Employment in the Education and Health Services industry was up in February with the addition of 6,100 jobs, continuing this industry’s upward trend for 37 consecutive months. Solid growth also continued in Trade, Transportation and Utilities which added 5,500 jobs over the month and recorded a 2.3 percent annual growth rate.
The Amarillo Metropolitan Statistical Area (MSA) recorded the month’s lowest unemployment rate among Texas MSAs with a not seasonally adjusted rate of 2.9 percent, followed by the Austin-Round Rock with a rate of 3.1 percent in February.