State has experienced job growth in 15 of the past 16 months--
Texas Insider Report: AUSTIN Texas ⎯ Texas labor market grew by an estimated 173000 seasonally adjusted jobs over the past year with the addition of 23600 nonfarm jobs in July. The state has added jobs in 15 of the last 16 months. Texas seasonally adjusted unemployment rate increased to 4.6 percent in July up slightly from 4.5 percent in June and remained below the national rate of 4.9 percent.
Texas employers continued to create jobs last month in a range of industries that are important to the Texas economy" said Texas Workforce Commission (TWC) Chairman Andres Alcantar. TWC will continue to focus on the workforce needs of these crucial industries and build education and training partnerships that support job creation by Texas employers."
The Professional and Business Services industry recorded the largest private industry employment gain over the month with 10000 jobs added. Construction employment expanded by 7800 jobs in July. Education and Health Services employment increased by 7600 jobs.
Private-sector employment was strong over the year with the overall job growth of 134000 and 24500 jobs added in July" said TWC Commissioner Representing Employers Ruth R. Hughs. Texas employers continue to strengthen the job market by providing employment and training opportunities."
The Amarillo and Austin-Round Rock Metropolitan Statistical Areas (MSA) recorded the months lowest unemployment rate among Texas MSAs with a non-seasonally adjusted rate of 3.6 percent followed by the Lubbock MSA with a rate of 4.1 percent in July.
The Texas workforce has much to offer and there are resources available to find the perfect occupational fit" said TWC Commissioner Representing Labor Julian Alvarez. I encourage all job seekers to contact their local Workforce Solutions office for assistance with job training and placement."
Audio downloads with comments from Commissioner Alvarez on the latest labor market data are available on the TWC website press release page. Employment estimates released by TWC are produced in cooperation with the U.S. Department of Labors Bureau of Labor Statistics. All estimates are subject to revision. To access this and more employment data visit tracer2.com.
