Dallas Fed: Texas Adds 11,500 Jobs in May; Unemployment Rates Rise in Six of Nine Major Metro Areas
For immediate release: June 21, 2013
DALLAS—Texas added 11,500 jobs in May, according to seasonally adjusted and benchmarked payroll employment numbers released today by the Federal Reserve Bank of Dallas.
Year to date, Texas has added 95,200 jobs. The state added 27,700 jobs in April.
Unemployment rates rose in six of nine major metro areas in Texas, according to seasonally adjusted numbers from the Dallas Fed. Unemployment rates remained unchanged for the Dallas-Plano-Irving, McAllen-Edinburg-Pharr and San Antonio metro areas.
The Dallas Fed improves the Bureau of Labor Statistics' (BLS) payroll employment estimates for Texas by incorporating preliminary benchmarks into the data in a more timely manner and by using a two-step seasonal adjustment technique. Texas metropolitan area unemployment rates from the BLS are also seasonally adjusted by the Dallas Fed.
Next Release Date: July 19
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