Texas Labor Market Review – March 2013
The Texas economy continued its upward trend in job growth with the addition of 80,600 jobs in February, totaling 359,800 seasonally adjusted nonfarm jobs added over the year. The state’s employment has grown by 3.3 percent over the year, with 11 major industries showing positive growth over the year.
Texas’ seasonally adjusted unemployment rate was 6.4 percent in February, up slightly from 6.3 percent in January, but down from 7.1 percent a year ago, as the state’s Civilian Labor Force continued to rise. The state’s unemployment rate also remained below the national unemployment rate of 7.7 percent, marking the 74th consecutive month that the Texas unemployment rate has been below the national rate.