Texas Economy Adds 34,700 Positions in May
Tuesday, July 24, 2018
State has experienced 23 consecutive months of employment growth
AUSTIN - The Texas economy added 34,700 seasonally adjusted nonfarm jobs in May, which marked 23 consecutive months of employment growth. Over the year, Texas added 352,100 jobs for an annual employment growth rate of 2.9 percent. Private-sector employers added 34,300 positions over the month. Texas’ seasonally adjusted unemployment rate was 4.1 percent in May, unchanged from April 2018.
“Texas employers continue to put the world class Texas workforce to work, adding 34,700 jobs in May and 352,100 over the year,” said TWC Chairman Andres Alcantar. TWC continues to work with our local and Tri-Agency partners to foster innovative strategies to equip the Texas talent pool with industry aligned skills. Job creation is strong in Texas.”