Lara Keel Lobbyist News: Texas Workforce Data Indicates Texas Job Growth
Texas continues to be a leader in our nation in job creation with 43,800 new jobs added in September and October of 2013. In addition, the unemployment rate in Texas fell in October to 6.2%. This is the third month of decline and puts us well below the national average of 7.3 percent.
The seasonally adjusted unemployment rate in Texas fell to 6.2 percent in October, down from 6.3 percent in September. The state’s unemployment rate remained well below the national October unemployment rate of 7.3 percent.
In October, Texas had an estimated total nonfarm employment of 11,232,700 jobs, an increase of 267,400 jobs over the year. Total nonfarm employment in Texas rose by an estimated 7,400 positions in October following an increase of 36,400 jobs in September, a total of 43,800 jobs added over the last two months.
“The private sector in Texas recorded a strong annual growth rate of 2.9 percent in October, adding nearly 265,000 jobs over the year,” said Texas Workforce Commission (TWC) Chairman Andres Alcantar. “We encourage job seekers, in particular our returning veterans, to visit their local Workforce Solutions office for assistance in finding work.”
Seven out of 11 industries that added jobs in October included Leisure and Hospitality, which expanded by 7,600 positions; Professional and Business Services, which added 5,000 jobs; and Trade, Transportation and Utilities, which grew by 3,700 positions.
“It’s good to see our unemployment rate declining for three consecutive months, from 6.5 percent in July to 6.2 percent in October,” said TWC Commissioner Representing Labor Ronny Congleton. “Positive economic growth means continued employment opportunities for the job seekers and workers of Texas.”
Read the original TWB release here.