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Texas Consistently Adds More New Jobs to Its Workforce, Outpacing Any Other State

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Texas is outshining all other states in terms of job starts over the past year. Over the course of the past 12 months (from 2016 through to present-day), the Lone Star State has added a total of 293,400 new employment positions, and during the month of July alone, that number had increased by 19,600! Despite a few slow months in the data collection year, this trend looks to be continuing into this year’s third quarter.

Texas Consistently Adds More New Jobs to its Workforce, Outpacing any Other State

Photo: Pixabay

According to the Texas Workforce Commission, the industries that have made noticeable gains in their respective markets are the mining and logging sector (gaining 2,100 jobs), manufacturing (which rose by 2,900 employees), trade and transportation (seeing an increase of 3,000 jobs), finance (gaining 5,200 positions), and leisure and hospitality in the lead with 7,000 new workers.

Texas Consistently Adds More New Jobs to its Workforce, Outpacing any Other State

Photo: Pixabay

There are, of course, industries that took a dip in July as well, including health service, education, government jobs, and construction. Despite obstacles from October 2016 to April of this year, Texas has seen a steady increase in jobs since 2009. Our state’s current unemployment rate presently sits at 4.3 percent, which is below the national average at 4.6 percent. Various factors contribute or take away from new employment postings, such as plant relocation, new business establishments, and even weather (i.e. Hurricane Harvey). Whether new job postings will be skewed in the near future by our present circumstances remains to be seen.

References:

NBC DFW

Dallas Morning News