Private Sector Drives Texas Job Growth

by CoyDavidson on April 19, 2013

texas flag office

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.

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.