Dallas Fed: Texas Adds 9,600 Jobs in April; Unemployment Rates Fall In Five Major Metro Areas
For immediate release: May 22, 2015
DALLAS—Texas added 9,600 jobs in April, according to seasonally adjusted and benchmarked payroll employment numbers released today by the Federal Reserve Bank of Dallas.
The state lost a revised 11,800 jobs in March. Through the first four months of 2015, jobs have grown at an annualized pace of 0.8 percent after growing 3.6 percent in 2014.
Unemployment rate movements fell in five major Texas metro areas in April, according to seasonally adjusted numbers from the Dallas Fed. The largest fall in the unemployment rate was seen in El Paso, from 5.3 percent in March to 5.1 percent in April.
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: June 19
Federal Reserve Bank of Dallas