Texas Labor Market Review – January 2014
The Texas economy saw positive job growth in December 2013 with the addition of 17,600 seasonally adjusted total nonfarm positions over the month, according to the latest labor report from the Texas Workforce Commission. Over the year, employers added 252,400 jobs. The state’s unemployment rate decreased for the fifth consecutive month, down to 6.0 percent in December. It remained below the national unemployment rate of 6.7 percent.
Over the month, nine out of 11 major industries in Texas added jobs. Trade, Transportation, and Utilities expanded by 8,100 positions, more jobs added than any other major industry in Texas. This industry also added more jobs over the last year—68,200—than any other major industry, and had an annual growth rate of 3.1 percent. Other industries that expanded over the month included Education and Health Services, with 4,400 added jobs; Information, which added 1,600 jobs; and Mining and Logging, which added 1,100 jobs.
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