Texas Labor Market Review – April 2013
The Texas economy has added 329,500 jobs over the past year with 317,000 jobs coming from the private sector. Total Nonagricultural Employment was up 89,300 positions over the ﬁrst quarter of 2013.
Texas’ seasonally adjusted unemployment rate for March was 6.4 percent, unchanged from the previous month and down from 7.0 percent a year ago. It remained well below the national unemployment rate of 7.6 percent. Texas’ seasonally adjusted nonagricultural employment fell by 4,100 jobs in March, following the addition of 79,600 jobs in February. Employers added 14,900 jobs across five major industries in March, but these gains were offset by the loss of 19,000 jobs in six other industries. The state’s annual growth rate continued to be positive, with 329,500 jobs added since last year.
The Houston area unemployment rate dipped to 6.1 percent in March, down from 6.3 percent in February and 7.0 percent a year ago.