Historic Low: Texas Unemployment Rate Continues to Fall to 3.4 Percent
Saturday, July 20, 2019
Economy Adds 45,000 Jobs in June
AUSTIN – In June, the Texas economy added 45,000 seasonally adjusted Total Nonfarm positions. After shattering the all-time low in May of 2019, the unemployment rate fell again to 3.4 percent. This new record is currently the lowest the unemployment rate has been since series tracking began in 1976.
“June’s unemployment rate is a historic win for employers and workers across the state,” said TWC Chair and Commissioner Representing Employers Ruth R. Hughs. “It is a reflection of our excellent businesses, skilled workforce and the hard work of every Texan.”
Texas employers added 315,600 jobs over the year. Total nonfarm annual employment growth was at 2.5 percent in June and has held above 2.0 percent since February 2018.