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Texas Employment Update

January 29, 2013

The Texas economy continued to expand. Texas added 12,000 jobs in December. In 2012, Texas has gained 305,000 jobs (Table 1).

Table 1
Monthly Job Growth in Texas
  Number of jobs added Annualized
growth rate
Total 2012 305,000  
2.86
December 2012 12,000  
1.32
November 2012 23,500  
2.61
October 2012 23,300  
2.59
September 2012 10,700  
1.18
August 2012 45,500  
5.15
July 2012 -7,100  
-0.78
June 2012 39,400  
4.46
May 2012 29,900  
3.38
April 2012 27,200  
3.07
March 2012 22,800  
2.58
February 2012 38,700  
4.43
January 2012 39,100  
4.49
SOURCES: Bureau of Labor Statistics, seasonal and other adjustments by the Federal Reserve Bank of Dallas. View full data series.

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 third quarter 2012. 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.

 

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