Texas Economy Adds 27,200 Positions in June

The Texas economy added 27,200 seasonally adjusted nonfarm jobs in June, which marked 24 consecutive months of employment growth. Over the year, Texas added 359,500 jobs for an annual employment growth rate of 2.9 percent.

Total Nonag Annual Employment Growth (Seasonally Adjusted)

“Recognition of Texas as the premier place to do business in the country is reinforced by employers adding another 27,200 jobs in June and an impressive 359,500 jobs over the year,” said TWC Chairman Andres Alcantar. “Broad-based growth across our industries remains solid with ten of eleven industries adding jobs in the dynamic and prolific job creating Texas economy.”

June’s annual growth in the state’s Goods Producing industries was strong at 5.8 percent. Over the month, Mining and Logging added 4,900 jobs, followed by the Construction industry with 2,900 positions, while Manufacturing employment expanded by 2,600 positions.

In Texas’ Service Providing sector, Professional and Business added 7,300 positions over the month, and led all industries in job growth for June.  Also within this sector, Education and Health Services added 6,000 jobs, followed by Leisure and Hospitality with a gain of 3,500 positions.

Texas-U.S. CES Seasonally Adjusted Comparison Sheet Annual Growth - June 2018

“Private-sector employment remained strong with Texas employers adding 351,700 jobs over the year and 26,400 jobs added in June,” said TWC Commissioner Representing Employer Ruth Ruggero Hughs. “TWC is committed to developing innovative workforce programs and supporting Texas businesses with a skilled talent pipeline that is unmatched throughout the nation.”

View the Texas Labor Market highlights from Commissioner Ruth R. Hughs:

Midland Metropolitan Statistical Area (MSA) recorded the month’s lowest unemployment rate among Texas MSAs with a non-seasonally adjusted rate of 2.4 percent, followed by the Amarillo MSA, which had the second lowest with a rate of 3.1 percent. The Austin-Round Rock, and Odessa MSAs recorded the third lowest rate of 3.2 percent for June.

“All Goods Producing industries showed positive employment growth in Texas, including Construction, which expanded by 2,900 jobs in June,” said TWC Commissioner Representing Labor Julian Alvarez. “The Texas labor force has continued to provide employers with the skills and expertise needed to keep the Texas economy growing.”

Employment estimates released by TWC are produced in cooperation with the U.S. Department of Labor’s Bureau of Labor Statistics. All estimates are subject to revision. To access this and more employment data, visit tracer2.com.

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