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March 22, 2019 Comments Off on Texas Marks 106 Consecutive Months of Job Growth Views: 1151 Texas News, Top Texas

Texas Marks 106 Consecutive Months of Job Growth

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February 2019 marked the 106th consecutive month of annual Texas job growth for total nonfarm employment. The Texas Workforce Commission reported that 17,700 seasonally adjusted, nonfarm jobs were added over the month. The workforce increased by 256,000 jobs, year over year.

Private annual job growth was 2.5% in February, and has held above 2% since October 2017. The seasonally adjusted unemployment rate remained steady at 3.8%.

The TWC reported the following breakdowns.

  • Leisure and Hospitality added 5,500 jobs over the month, the most among major industries in Texas.
  • Professional and Business Services grew by 4,100 jobs in February, driven mostly by growth in Professional, Scientific, and Technical Services, and Administrative, Support, and Waste Management and Remediation Services.
  • After being revised up for a 3,600-position increase in January, Financial Activities added another 3,800 jobs in February, driven by increases in Finance and Insurance.

Read More at Texas Workforce Commission

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