Texas economy adds 27,200 positions in June
Wednesday, August 22, 2018
State has experienced 24 consecutive months of employment growth
AUSTIN ? The Texas economy added 27,200 seasonally adjusted nonfarm jobs in June, which marked 24 consecutive months of employment growth. Over the year, Texas added 359,500 jobs for an annual employment growth rate of 2.9 percent. Private-sector employers added 26,400 positions over the month. Texas’ seasonally adjusted unemployment rate was 4.0 percent in June, down slightly from May 2018.
“Recognition of Texas as the premier place to do business in the country is reinforced by employers adding another 27,200 jobs in June and an impressive 359,500 jobs over the year,” said TWC Chairman Andres Alcantar. “Broad-based growth across our industries remains solid with ten of eleven industries adding jobs in the dynamic and prolific job creating Texas economy."
June’s annual growth in the state’s Goods Producing industries was strong at 5.8 percent. Over the month, Mining and Logging added 4,900 jobs, followed by the Construction industry with 2,900 positions, while Manufacturing employment expanded by 2,600 positions.