The latest Employment report shows that Texas added an estimated 185,000 seasonally adjusted jobs over the past year. The state experienced job gains in two of the first three months of 2016.
Texas’ seasonally adjusted unemployment rate maintained a 4.3 percent rate in March, matching the revised 4.3 percent rate in February and continuing to trend below the national average of 5.0 percent.
Texas’ total nonfarm seasonally adjusted employment decreased by 12,000 jobs in March’s preliminary estimate. This comes on the heels of an impressive string of 11 straight months of job growth for the state.
Employment in the Leisure and Hospitality industry increased by 2,400 jobs in March, representing an increase for the 12th consecutive month. Over the year, this industry has gained 75,600 jobs. Trade, Transportation and Utilities employment rose for a fifth straight month with the addition of 800 positions in March.
These gains were offset by losses in other industries including Mining and Logging which lost 7,500 jobs in March.
The Amarillo Metropolitan Statistical Area (MSA) boasted the lowest not seasonally adjusted unemployment rate in the state at 3.0 percent followed by the Austin-Round Rock MSA with a rate of 3.1 percent and the Lubbock MSA with a rate of 3.3 for March.