Quantcast
Channel: Announcements Archives - The Katy News
Viewing all articles
Browse latest Browse all 14525

State has experienced 21 consecutive months of employment growth

$
0
0

Texas Adds 32,000 Nonfarm Positions in March

April 20, 2018

AUSTIN ⎯ The seasonally adjusted unemployment rate held steady at 4.0 percent in March and remains below the U.S. unemployment rate of 4.1 percent. The Texas economy added 32,000 seasonally adjusted nonfarm jobs in March, which marked 21 consecutive months of employment growth. Over the year, Texas added 294,100 jobs for an annual employment growth rate of 2.4 percent in March.

“Texas employers added 294,100 positions over the year with 10 of 11 industries adding jobs in the diverse Texas economy,” said TWC Chairman Andres Alcantar. “Texas’ broad-based growth across industries provides exceptional opportunities for our highly skilled workforce and highlights the competitive strength of Texas employers.”

The Trade, Transportation, and Utilities Industry recorded the largest private-industry employment gain over the month with 7,500 positions added.  Professional and Business Services employment grew by 6,200 jobs, while Construction employment expanded by 3,800 positions.

“Private-sector employment remained strong over the month with 30,600 jobs added in March,” said Commissioner Ruth R. Hughs. “Texas is a state that continues to welcome new employers and support home grown businesses, offering them the tools they need to succeed and grow.”

The Midland Metropolitan Statistical Area (MSA) recorded the month’s lowest unemployment rate among Texas MSAs with a non-seasonally adjusted rate of 2.4 percent, followed by the Amarillo and College Station-Bryan MSAs with a rate of 3.0 percent, each.

“The Texas labor force has much to offer and there are resources available to find the perfect occupational fit,” said TWC Commissioner Representing Labor Julian Alvarez. “I encourage all job seekers to take advantage of these services and contact their local Workforce Solutions office for assistance with job training and placement.”

Audio downloads with comments from Commissioner Alvarez on the latest labor market data are available on the TWC website press release page. 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 tracer2.com.

The Texas Labor Market & Career Information Data for April is scheduled to be released on Friday, May 18, 2018 at 9:00 a.m. (CDT).

Civilian Labor Force Estimates for Texas Metropolitan Statistical Areas Not Seasonally Adjusted (In Thousands)
  March 2018 February 2018 March 2017
  C.L.F. Emp.  Unemp. Rate C.L.F. Emp.  Unemp. Rate C.L.F. Emp.  Unemp. Rate
  United States 161,548.0 154,877.0 6,671.0 4.1 161,494.0 154,403.0 7,091.0 4.4 159,912.0 152,628.0 7,284.0 4.6
  Texas 13,834.8 13,265.3 569.4 4.1 13,810.9 13,240.9 570.0 4.1 13,517.7 12,904.4 613.3 4.5
  Abilene 77.4 74.7 2.7 3.5 77.2 74.5 2.7 3.5 75.7 72.8 2.8 3.7
  Amarillo 133.4 129.5 4.0 3.0 132.9 129.1 3.8 2.9 131.7 127.5 4.2 3.2
  Austin-Round Rock 1,190.8 1,154.1 36.8 3.1 1,189.1 1,153.1 36.1 3.0 1,146.0 1,108.1 37.9 3.3
  Beaumont-Port Arthur 176.9 165.2 11.7 6.6 176.4 164.4 12.0 6.8 176.8 164.3 12.5 7.0
  Brownsville-Harlingen 168.2 157.3 11.0 6.5 166.9 155.8 11.1 6.7 167.6 155.6 12.0 7.2
  College Station-Bryan 135.7 131.5 4.1 3.0 135.3 131.2 4.1 3.0 130.2 125.9 4.3 3.3
  Corpus Christi 209.8 198.3 11.5 5.5 208.9 197.3 11.6 5.5 211.8 199.3 12.5 5.9
  Dallas-Fort Worth-Arlington 3,886.4 3,742.5 143.9 3.7 3,883.5 3,741.6 141.9 3.7 3,765.1 3,618.0 147.1 3.9
  Dallas-Plano-Irving MD 2,629.0 2,531.8 97.2 3.7 2,627.2 2,531.1 96.1 3.7 2,540.3 2,442.1 98.3 3.9
  Fort Worth-Arlington MD 1,257.4 1,210.7 46.7 3.7 1,256.2 1,210.4 45.8 3.6 1,224.8 1,175.9 48.9 4.0
  El Paso 361.8 345.5 16.3 4.5 361.7 345.3 16.4 4.5 355.7 338.4 17.3 4.9
  Houston-The Woodlands-Sugar Land 3,393.9 3,237.7 156.2 4.6 3,393.7 3,233.9 159.8 4.7 3,322.9 3,150.0 173.0 5.2
  Killeen-Temple 177.7 170.3 7.3 4.1 177.7 170.4 7.3 4.1 174.9 167.1 7.8 4.4
  Laredo 116.1 111.5 4.6 4.0 116.4 111.8 4.6 3.9 115.1 109.8 5.3 4.6
  Longview 97.7 93.3 4.4 4.5 97.8 93.4 4.4 4.5 97.9 92.3 5.6 5.7
  Lubbock 165.4 159.6 5.8 3.5 164.4 159.2 5.2 3.1 161.4 155.6 5.8 3.6
  McAllen-Edinburg-Mission 350.4 326.2 24.2 6.9 348.8 324.1 24.7 7.1 344.0 317.4 26.6 7.7
  Midland 97.3 94.9 2.4 2.4 96.3 93.9 2.4 2.5 89.3 86.2 3.1 3.5
  Odessa 81.0 78.4 2.5 3.1 80.8 78.3 2.6 3.2 76.6 72.8 3.8 4.9
  San Angelo 55.6 53.8 1.9 3.4 55.4 53.6 1.8 3.3 54.9 52.7 2.2 4.0
  San Antonio-New Braunfels 1,186.2 1,145.0 41.1 3.5 1,189.6 1,148.7 40.9 3.4 1,160.5 1,117.8 42.8 3.7
  Sherman-Denison 63.7 61.5 2.2 3.5 63.1 61.0 2.2 3.4 62.2 59.8 2.3 3.7
  Texarkana 65.4 62.3 3.1 4.7 65.0 61.9 3.1 4.8 65.1 62.1 2.9 4.5
  Tyler 107.9 103.9 4.0 3.7 107.7 103.7 4.1 3.8 105.2 100.7 4.5 4.3
  Victoria 45.8 43.9 2.0 4.3 45.8 43.8 2.0 4.3 46.5 44.1 2.4 5.1
  Waco 125.9 121.2 4.7 3.8 125.5 120.8 4.7 3.7 124.8 119.9 4.8 3.9
  Wichita Falls 65.9 63.4 2.4 3.7 65.7 63.3 2.3 3.5 65.2 62.6 2.6 4.0

 

Texas Nonagricultural Wage and Salary Employment Seasonally Adjusted
INDUSTRY TITLE Mar 2018* Feb 2018 Mar 2017 Feb ’18 to Mar ’18 Mar ’17 to Mar ’18  
Absolute Change Percent Change Absolute Change Percent Change
Total Nonagricultural 12,463,700 12,431,700 12,169,600 32,000 0.3 294,100 2.4  
Total Private 10,518,000 10,487,400 10,228,900 30,600 0.3 289,100 2.8  
Goods Producing 1,851,800 1,841,200 1,771,200 10,600 0.6 80,600 4.6  
     Mining and Logging 243,000 239,300 215,200 3,700 1.5 27,800 12.9  
     Construction 744,000 740,200 710,000 3,800 0.5 34,000 4.8  
     Manufacturing 864,800 861,700 846,000 3,100 0.4 18,800 2.2  
Service Providing 10,611,900 10,590,500 10,398,400 21,400 0.2 213,500 2.1  
     Trade, Transportation, and Utilities 2,497,300 2,489,800 2,443,500 7,500 0.3 53,800 2.2  
     Information 199,500 200,200 203,600 -700 -0.3 -4,100 -2.0  
     Financial Activities 770,200 769,500 749,400 700 0.1 20,800 2.8  
     Professional and Business Services 1,726,900 1,720,700 1,658,900 6,200 0.4 68,000 4.1  
     Education and Health Services 1,686,000 1,683,900 1,662,900 2,100 0.1 23,100 1.4  
     Leisure and Hospitality 1,352,600 1,352,100 1,311,900 500 0.0 40,700 3.1  
     Other Services 433,700 430,000 427,500 3,700 0.9 6,200 1.5  
     Government 1,945,700 1,944,300 1,940,700 1,400 0.1 5,000 0.3  

Viewing all articles
Browse latest Browse all 14525

Trending Articles