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Texas Employment Update

August 16, 2013

The Texas economy continued to expand in July; the state added 21,400 jobs. Year to date, Texas has gained 131,900 jobs (Table 1).

Table 1
Monthly Job Growth in Texas
  Number of jobs added Annualized growth rate
Year to date 2013
131,900
 
2.06
 
July 2013
21,400
 
2.33
 
June 2013
12,600
 
1.37
 
May 2013
13,000
 
1.41
 
April 2013
28,700
 
3.15
 
March 2013
1,500
 
0.16
 
February 2013
60,700
 
6.81
 
January 2013
-6,000
 
-0.65
 
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.

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 first quarter 2013. BLS data are benchmarked through third quarter 2012.

Types of Jobs Being Created in Texas

Chart 1 below provides a breakdown of employment growth since the start of 2013, 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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