Texas Private-Sector Employers Add 42,800 Positions in February
Friday, March 23, 2018
AUSTIN ? The Texas economy added 40,500 seasonally adjusted nonfarm jobs in February, which marked 20 consecutive months of employment growth. Over the year, Texas added 285,200 jobs for an annual employment growth rate 2.3 percent in February. Texas’ seasonally adjusted unemployment rate remained unchanged at 4.0 percent in February and remains below the U.S. unemployment rate of 4.1 percent.
“We are encouraged to see the Texas economy continue to expand at a solid pace with Texas employers adding 40,500 jobs over the month for a total of 285,200 jobs gained over the year,” said TWC Chairman Andres Alcantar. “Texas’ continued addition of jobs demonstrates the competitive advantages and market opportunities available to our employers and world-class workforce to compete and succeed.”
Industries adding jobs in February included Professional and Business Services, which added 13,200 positions followed by Trade, Transportation and Utilities, which added 11,800 jobs, and Mining and Logging employers added 6,500 positions.