State Dubles the Previous Month' gains
Texas Insider Report: AUSTIN, Texas – In September 2022, Texas added 40,000 nonfarm jobs, more than doubling the number of jobs added in August. For the 11th consecutive month, the state set new employment highs as total nonfarm employment reached 13,571,800.
The Texas economy has added 721,800 positions since September 2021. The Texas seasonally adjusted unemployment rate was 4.0 percent, a decrease of 0.1 percentage points from August 2022.
Leisure and Hospitality job growth surged in September with 25,700 positions added, marking an 11.8 percent over-the-year change. Second in over-the-month growth, Trade, Transportation, and Utilities grew by 7,600 jobs. Financial Activities followed with a gain of 6,200 jobs.“Texas’ total nonfarm job annual growth rate has outpaced the United States for the last 15 months, demonstrating one of the key factors that make Texas the top choice for employers and their workforce,” said TWC Chairman Bryan Daniel.
“With more than half a million job ads posted right now in Texas, TWC remains dedicated to ensuring job seekers have the skills employers need to fill those positions.”
The Amarillo and Austin-Round Rock Metropolitan Statistical Areas (MSA) continued to record the lowest unemployment rates among Texas MSAs with a not seasonally adjusted rate of 2.8 percent each in September, followed by Midland at 3.0 percent, then College Station-Bryan and Lubbock both at 3.1 percent.
“More people in Texas are working today than ever before. In fact, more people in Texas are working than the entire population of the state of Pennsylvania,” said TWC Commissioner Representing Labor Julian Alvarez.
“TWC offers an array of free services to Texans to ensure their success – everything from free online learning courses to occupational training and hiring events. We’re here to help.”
Employment estimates released by TWC are produced in cooperation with the U.S. Department of Labor's Bureau of Labor Statistics. All estimates are subject to revision.“Major private-sector industries have grown faster in Texas than they have nationally over the past year, and this is a direct result of existing and new Texas employers recognizing and taking advantage of the opportunities in the Lone Star State,” said TWC Commissioner Representing Employers Aaron Demerson.
“For example, the Information industry had 10.9 percent over-the-year growth in Texas, compared to a 5.9 percent national rate. TWC and our Workforce Solutions partners are here to ensure Texas employers have the talent they need for those lucrative careers.”
To access this and more employment data, visit TexasLMI.com.
