Texas Adds 413,700 Jobs Over the Year

AUSTIN, October 22, 2014 – The Texas economy added 36,400 seasonally adjusted total nonfarm jobs in September. Over the year, Texas added 413,700 total non-farm jobs, the largest gain over a 12-month period ever recorded in the Lone Star State.

The seasonally adjusted unemployment rate fell to 5.2 percent in September, down from 5.3 percent in August, and down from 6.3 percent in September 2013. The seasonally adjusted civilian labor force population in Texas topped 13 million for the first time in September at 13,005,600 individuals.

“The Texas economy, from our employers across all major industries to our skilled and dedicated workers, continues to perform at a record pace,” said Texas Workforce Commission (TWC) Chairman Andres Alcantar. “With a record setting 413,700 jobs added over the year, and our labor force surpassing the 13 million milestone, our state shows how partnerships and a strong business climate fuel job growth for the people of Texas.”
Over the month, nine of 11 major industries showed positive growth, led by Leisure and Hospitality with 9,300 jobs added in September. In the last 12 months, every major industry in Texas has shown positive annual growth. In fact, seven out of 11 have grown at rates at or above 3.0 percent over the last year.

“There’s never been a better time to look for new opportunities in Texas,” said TWC Commissioner Representing Labor Ronny Congleton. “I encourage job seekers to visit their local Workforce Solutions office to find resources to help them find the best fit for them in this diverse labor market.”

Mining and Logging continued to grow with 5,000 jobs added over the month. The industry had the highest seasonally adjusted annual growth rate in Texas at 9.6 percent. Construction added 5,400 jobs in September and reported the second highest growth rate of 5.2 percent over the year.

“With so much consistent expansion and hundreds of thousands of jobs added year-over-year, Texas employers should be proud of the tremendous growth they have been able to achieve here,” said TWC Commissioner Representing Employers Hope Andrade.

The Midland Metropolitan Statistical Area (MSA) had the lowest September unemployment rate in the state at 2.6 percent. The Odessa MSA came in second at 3.1 percent and the Amarillo MSA ranked third at 3.6 percent (not seasonally adjusted).

Audio downloads from Commissioner Alcantar on the latest labor market data are available at: http://texasworkforce.org/news/press/2014/press-releases-2014.html#pressReleaseAudio. 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. To access this and more employment data, visit www.tracer2.com.
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Texas Workforce Commission

 

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