Unemployment Rate Down for fifth Consecutive Month
AUSTIN, March 11, 2014 - The Texas economy saw positive job growth in December 2013 with the addition of 17,600 seasonally adjusted total nonfarm positions over the month. Over the year, employers added 252,400 jobs.
The state’s unemployment rate decreased for the fifth consecutive month, down to 6.0 percent in December. It remained below the national unemployment rate of 6.7 percent.
“We continue to see growth across major industries in Texas, with all of them adding jobs over the year,” said Texas Workforce Commission (TWC) Chairman Andres Alcantar. “I encourage everyone who is looking for work in Texas to visit one of our local Workforce Solutions offices across the state.”
Over the month, nine out of 11 major industries in Texas added jobs. Trade, Transportation, and Utilities expanded by 8,100 positions, more jobs added than any other major industry in Texas. This industry also added more jobs over the last year—68,200—than any other major industry, and had an annual growth rate of 3.1 percent.
“I’m glad to see expansion in Manufacturing, which added 6,600 jobs, and Construction which added another 3,400,” said TWC Commissioner Representing Labor Ronny Congleton. “Growth in these industries means more goods are being made in Texas and built in Texas, and that’s good news.”
Other industries that expanded over the month included Education and Health Services, with 4,400 added jobs; Information, which added 1,600 jobs; and Mining and Logging, which added 1,100 jobs.
“Our year certainly ended on a positive note, with private-sector employers adding 243,200 jobs over the year, and 18,900 jobs in December,” said TWC Commissioner Representing Employers Hope Andrade. “It is another positive sign that Texas is a top choice for business!”
The Midland Metropolitan Statistical Area (MSA) had the lowest December unemployment rate in the state at 2.8 percent. The Odessa MSA came in second at 3.4 percent and the Amarillo MSA third at 4.0 percent (not seasonally adjusted).