Texas reporting continuous job growth

August 25, 2012

unemploy chrt july 2012.pdf

The Texas economy added 17,800 seasonally adjusted nonfarm jobs in July, marking two years of continuous monthly job growth in Texas. Since last year, the Texas economy has added 222,500 total nonfarm jobs.

Texas’ seasonally adjusted unemployment rate was 7.2 percent in July, up from 7.0 percent in June, down from 8.1 percent a year ago.

“I am pleased that our state’s economy has been able to show consistent growth across a variety of industries in recent years,” said Texas Workforce Commission (TWC) Chairman Andres Alcantar. “I encourage those seeking employment to visit WorkInTexas.com to seize the opportunities that are being created here.”

The education and health services industry grew more than any other major industry in Texas, adding 12,600 jobs in July. The industry has added 45,200 jobs over the year for a 3.2 percent annual growth rate.

“The Texas labor market continues to offer a wide variety of opportunities to the state’s growing labor force, which now stands at 12.6 million workers and job seekers,” said TWC Commissioner Representing Labor Ronny Congleton.

Employers in professional and business services reported 8,500 positions added in July. This industry has expanded by 48,800 jobs since July 2011, for a 3.7 percent growth rate.

In July, the Texas private sector gained 9,100 positions. Nine out of 10 private industries in Texas have reported positive gains since July 2011.

The Midland Metropolitan Statistical Area (MSA) had the lowest July unemployment rate in the state at 4.2 percent.

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Category: Business News Archived