Friday, September 15, 2017

Texas Adds 5,500 Jobs in August

The Lone Star State reports its 14th consecutive month of growth.

The Texas economy expanded with the addition of 5,500 seasonally adjusted nonfarm jobs in August. Texas’ seasonally adjusted unemployment rate fell to 4.2 percent, down from 4.3 percent in July. Annual employment growth for Texas was 2.5 percent, which was more than double the annual growth rate set the previous year.

Over the past year, Texas employers have added 298,600 jobs in diverse and competitive industries. Private-sector employment was also strong over the year with an increase in overall jobs of 270,800, including 4,400 jobs added in August. CLICK HERE to read the full press release by the Texas Workforce Commission.