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Texas Employment Update

November 22, 2013

The Texas economy continued to expand in October; the state added 18,200 jobs. Year to date, Texas has gained 221,300 jobs (Table 1).

Table 1
Monthly Job Growth in Texas
  Number of jobs added Annualized growth rate
Year to date 2013
221,300
 
2.41
 
October 2013
18,200
 
1.96
 
September 2013
33,700
 
3.67
 
August 2013
2,400
 
0.26
 
July 2013
33,400
 
3.65
 
June 2013
30,500
 
3.34
 
May 2013
19,600
 
2.14
 
April 2013
17,800
 
3.15
 
March 2013
3,300
 
0.68
 
February 2013
61,100
 
6.85
 
January 2013
-1,700
 
-0.18
 
Total 2012
356,800
 
3.34
 
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 second 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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