Dallas Fed: Texas Adds 30,700 Jobs in September; Unemployment Rates Fall in Nine Major Metro Areas
For immediate release: October 17, 2014
DALLAS—Texas added 30,700 jobs in September, according to seasonally adjusted and benchmarked payroll employment numbers released today by the Federal Reserve Bank of Dallas.
Year to date, the state has added 304,300 jobs. The state added a revised 38,500 jobs in August.
In 2014, jobs in Texas have grown at an annualized rate of 3.6 percent. Jobs in Texas grew at a rate of 2.7 percent in 2013.
Unemployment rates fell nine major Texas metro areas in September, according to seasonally adjusted numbers from the Dallas Fed. The largest fall in the unemployment rate was seen in McAllen-Edinburg-Mission, from 9.5 percent in August to 8.9 percent in September.
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 also are seasonally adjusted by the Dallas Fed.
Next Release Date: November 21
Federal Reserve Bank of Dallas