Houston Leads Texas in Job Growth for the Third Consecutive Year
The Houston Rockets won back to back championships in 1994 and 1995, then Michael Jordan returned to the NBA and the Chicago Bulls won the championship in 1996 starting a run for what was ultimately their second three-peat.
The Rockets were unable to three-peat but 2012 marked the third consecutive year in which Houston led the state in job growth. Houston, with 23.7 percent of the state’s population, accounted for 31.8 percent of the state’s job growth last year. The 10-county metro area added 84,500 jobs, a 3.2 percent increase over the previous year. GHP’s official employment forecast called for the region to create 84,600 net new jobs in ’12. Growth in the region fell short of the GHP forecast by only 100 jobs, essentially a rounding error in an economy with 2.7 million in total nonfarm payroll employment.