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Jim Cummings
  • Residential Real Estate Broker
  • College Station, TX
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Texas Job Growth Numbers

Jim Cummings
  • Residential Real Estate Broker
  • College Station, TX
Posted Jun 19 2018, 15:26

Texas Economy Grows For 23rd Consecutive Month

AUSTIN (Texas Workforce Commission) – The Texas economy added 34,700 seasonally adjusted nonfarm jobs in May, marking 23 consecutive months of employment growth, reports the Texas Workforce Commission.

Last month, the seasonally adjusted unemployment rate was 4.1 percent, unchanged from April 2018.

Over the year, Texas added 352,100 jobs for an annual employment growth rate of 2.9 percent.

Midland has the lowest non seasonally adjusted unemployment rate in the state at 2.1 percent. McAllen-Edinburg-Mission had a 6.2 percent unemployment rate, the highest in the state.

The information industry lost 0.1 percent of jobs over the month. Mining and logging had the largest gain, growing 1.7 percent.