Texas economy adds 46,600 jobs in July
The fast-growing Texas economy showed steady growth in July, adding 46,600 seasonally-adjusted nonfarm jobs. In the last year, the Lone Star State’s economy has expanded by 396,200 jobs. The unemployment rate in Texas held steady at 5.1 percent in July, remaining well below the national unemployment rate of 6.2 percent.
“Texas employers continue to propel the Texas economy’s expansion by adding 396,200 jobs over the last year, a 3.5 percent annual growth rate,” said Texas Workforce Commission (TWC) Chairman Andres Alcantar. “The Texas economic engine is strong, with every major industry posting positive annual growth in July.”
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