AUSTIN (July 18, 2014) – The Texas economy added 19,100 seasonally-adjusted total nonfarm jobs in June for a total of 371,000 jobs added since June 2013. Texas’ seasonally adjusted unemployment rate held steady in June at 5.1 percent, down from 6.4 percent a year ago. Texas’ unemployment rate remained below the nation’s June unemployment rate of 6.1 percent.
The unemployment rate the Dallas-Plano-Irving area is 5.4 percent, up slightly from 5.1 percent in May 2014, but down significantly from 6.8 percent in June 2013. The numbers are similar for Sherman-Denison (5.3 percent in June 2014, 5.0 in May 2014, 7.2 in June 2013). McKinney is located between those two measured areas.
“The positive news continues as the Lone Star State’s jobs grew at 3.3 percent annually, with 371,000 jobs added over the last year,” said Texas Workforce Commission (TWC) Chairman Andres Alcantar. “Every major industry expanded over the year, with Mining and Logging leading the way at a 7 percent annual growth rate.”
Seven of the 11 major industries in Texas showed employment increases over the month, led by a rise of 7,700 jobs in Trade, Transportation, and Utilities. The industry added 90,400 jobs over the year as its annual growth rate reached 4.0 percent, the highest in the industry’s recorded history.
“Our economy continues to offer diverse opportunities to job seekers,” said TWC Commissioner Representing Labor Ronny Congleton. “From teachers and health care workers to truck drivers and accountants – Texas is hiring. I encourage those seeking these opportunities to take advantage of the workforce services available through TWC by visiting their local Workforce Solutions office for help finding the job that’s right for them.”
Education and Health Services continued to offer employment opportunities with the addition of 7,400 jobs in June. This industry has gained 52,600 jobs over the past 12 months, bumping its annual growth rate up to 3.6 percent, its highest level since June 2010.
“Texas employers in the Professional and Business Services industry added 5,600 jobs in June, which includes positions in scientific and technical fields,” said TWC Commissioner Representing Employers Hope Andrade. “Growth in this industry, and many other industries, demonstrates continued forward momentum for the Texas economy.”
The Midland Metropolitan Statistical Area (MSA) had the lowest June unemployment rate in the state at 2.9 percent. The Odessa MSA had the second lowest at 3.6 percent and the Amarillo MSA was third at 4.0 percent (not seasonally adjusted).
Audio downloads from Chairman Alcantar on the latest labor market data are available at texasworkforce.org. Employment estimates released by TWC are produced in cooperation with the Bureau of Labor Statistics, U.S. Department of Labor. All estimates are subject to revision. To access this and more employment data, visit tracer2.com.
About the Texas Workforce Commission
The Texas Workforce Commission (TWC) is a state agency dedicated to helping Texas employers, workers and communities prosper economically. For details on TWC and the services it offers in coordination with its network of local workforce development boards, call 512-463-8942 or visit texasworkforce.org.