Texas' Unemployment Rate Remains at Historic Low 3.7 Percent
Style Magazine Newswire | 12/28/2018, 11:06 a.m.
Texas Workforce Commission
Texas’ seasonally adjusted unemployment was 3.7 percent in November, remaining at the same historic 42-year low it was in October. The Texas economy added 14,000 seasonally adjusted nonfarm jobs in November. Annual employment growth for Texas was 3.0 percent in November, marking 103 consecutive months of annual growth. “The addition of 365,400 jobs over the year and 14,000 jobs in November demonstrates the consistency with which employers in our state create job opportunities for the highly skilled Texas workforce,” said TWC Chair Ruth R. Hughs. “The Texas economy offers employers access to a competitive workforce and provides job seekers with career options in a variety of growing Texas industries. The numbers are a testament to the resilience of our Texas employers and the diversity of our Texas economy.” The Manufacturing Industry recorded the largest private-industry employment gain over the month with 9,100 jobs added and led all industries in growth. In Texas’ private Service Providing sector, Trade, Transportation, and Utilities added 8,900 positions in November. Also within this sector, Professional and Business Services added 1,800 followed by Information, which added 1,000 positions.
