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Research & Data
Texas Employment Update
June 18, 2012
The Texas economy continued to expand. Texas added 6,700 jobs in May. Year to date, the state has gained 104,600 jobs (Table 1).
| Table 1 Monthly Job Growth in Texas |
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| Number of jobs added | Annualized growth rate | |
|---|---|---|
| Year to date 2012 | 104,600 |
2.38 |
| May 2012 | 6,700 |
0.75 |
| April 2012 | 14,400 |
1.63 |
| March 2012 | 5,100 |
0.57 |
| February 2012 | 18,400 |
2.09 |
| January 2012 | 60,000 |
6.99 |
| Total 2011 | 189,300 |
1.81 |
| Monthly Job Growth in Texas SOURCES: Bureau of Labor Statistics, seasonal and other adjustments by the Federal Reserve Bank of Dallas. View full data series. |
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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. Current Dallas Fed data are benchmarked through fourth quarter 2011. BLS data are benchmarked through second quarter 2011.
Types of Jobs Being Created in Texas
Chart 1 below provides a breakdown of employment growth since the start of 2012, listing each sector by its weight in the Texas employment mix.
Note
Data may not match previously published numbers due to data revisions.
