Houston Economic Update: September 2010

by CoyDavidson on September 3, 2010

Houston Continues Slow but Steady Job Growth

The Greater Houston Partnership released its September 2010 Economic Report and once again the employment data reported is good news for Houston. The Texas Workforce Commission reports that the 12-month job loss in the Houston metro fell to 9,700 jobs, or 0.4 percent, from July ’09 to July ’10. That is a considerable improvement over the 80,800 job loss (3.1 percent), reported for the 12 months ending July ’09. During the recession, the worst period was for the 12 months ending November ’09, when the region shed 103,800 jobs. Over the past six months, the 12-month job losses have declined consistently; and if the trend continues, Houston’s 12-month job change should turn positive in the next month or two.

Houston Economic Update September 2010

Previous post:

Next post:

Disclaimer: All blog entries on this site are the opinion of the author and not those of either Colliers International - Houston or Colliers International (collectively, "Colliers"). Colliers neither endorses, sponsors nor necessary shares the opinions of the author, regardless of whether any blog is posted by any employee, officer, agent, or representative of Colliers. Colliers has not authorized or verified any statement of fact made in a blog, and any such statement does not constitute a statement of fact by Colliers. Colliers is not responsible for the monitoring or filtering of any blog, nor does Colliers claim ownership or control over any blog content.