Texas Gained More Jobs Than Any State In The Past Year

  • On February 9, 2023

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According to a report from the U.S. Bureau of Labor Statistics, Texas led the nation in job increases, being the only state to reach a 5% increase. The state’s employers added 650,100 nonfarm payroll jobs between December 2021 and December 2022, surpassing California and Florida, which added 621,400 and 440,000 jobs. In total, 13.7 million Texans were in nonfarm jobs at the end of 2022 compared to about 13 million at the end of 2021.

Current Employment Data for Texas
The report continues a stream of strong economic indicators for Texas. According to a previous report from the Texas Workforce Commission (TWC), the state continued a 14-month streak of record employment in December. And the state’s unemployment rate dropped to 3.9%, the first time it fell below 4% since the pandemic forced business closures.

Texas employers added 29,500 nonfarm jobs in December, according to the TWC. Positions in education and health care accounted for over 40% of that figure with 12,700 positions, leading December’s job growth. Financial services and manufacturing also added 6,300 and 5,500 jobs, respectively.

“It is no surprise that Texas leads the nation for job creation, adding more jobs in 2022 and growing at a faster rate than any other state,” Gov. Greg Abbott said in a Tuesday press release. “Texas works when Texans work, and in this legislative session, we will continue expanding opportunity and ensuring Texas remains the best state to live, work, build a business, and raise a family.”

What The Future Holds
For 2023, Texas is expected to see “significantly slower” job growth, but it would likely still be faster than the rest of the country. At the same time, the Dallas Federal Bank has not yet forecast a recession in Texas for this year, which gives optimism about the future of job opportunities. 

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