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Dallas Fed: Texas Adds 21,700 Jobs in November; Unemployment Rates Fall in Six Major Metro Areas

DALLAS—Texas added 21,700 jobs in November, according to seasonally adjusted and benchmarked payroll employment numbers released today by the Federal Reserve Bank of Dallas.

Year to date, Texas has added 251,200 jobs. The state added 26,400 jobs in October.

Unemployment rates fell in six of nine major Texas metro areas in November, according to seasonally adjusted numbers from the Dallas Fed. Unemployment rates in the Brownsville-Harlingen and Dallas-Plano-Irving metros remained stable, while the unemployment rate in the McAllen-Edinburg-Mission metro area rose from 10.6 in October to 10.8 in November.

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.

The Dallas Fed also recently made available monthly updates of seasonally adjusted employment data by industry at the state and metro levels for Texas.

Next Release Date: January 24

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Media contact:
Alexander Johnson
Phone: (214) 922-5288
Email: alexander.johnson@dal.frb.org

 

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