August 22, 2017 Comments Off on Texas July Job Additions Total 19,600 Views: 640 Texas News, Top Texas

Texas July Job Additions Total 19,600

The Texas economy expanded yet again in July 2017, adding 19,600 seasonally adjusted, nonfarm jobs. Additionally, the unemployment rate was 4.3%, down from June 2017’s 4.6%. Annual employment growth for the Lone Star state was 2.4%, double the annual growth rate compared to a year ago, according to the Texas Workforce Commission.

The Leisure and Hospitality Industry recorded the largest private-industry gain over the month with 7,000 jobs added. Financial Activities expanded by 5,200 jobs and recorded a 3.6% annual growth rate—the industry’s highest since August 2013. Professional and Business Services saw an increase of 5,000 jobs in July.

Overall, Texas employers created 293,400 jobs from July 2016-July 2017.

Read More at Texas Workforce Commission

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter

Tags: ,

Comments are closed.

Send this to a friend