Texas marks 10th month of record high job growth: TWC

For the 10th consecutive month, the state of Texas has set a record-high level for jobs, while the number of employed Texans and the state’s civilian labor force have each reached new highs for the last five months.

Texas’ seasonally adjusted total nonfarm employment increased to 14,195,600 after 41,800 jobs were added over the month in May 2024, reflecting monthly growth in 47 of the last 49 months and annual growth for 38 consecutive months.

Texas’ annual nonfarm employment expanded by 2.3 percent which outpaced the nation by half a point, as the state added 316,700 jobs since May 2023.

Texas’ seasonally adjusted civilian labor force grew by 35,900 people in May to reach a new high of 15,262,600. This included the addition of 32,500 employed Texans over the month. The seasonally adjusted unemployment rate registered at 4.0 percent, which was equal to the national unemployment rate.

“More than 200,000 people have joined the Texas workforce since May 2023, and we continue to lead the nation in yearover- year growth,” TWC Chairman Bryan Daniel said Trade, Transportation, and Utilities added 13,300 jobs, registering as the industry with the largest over-themonth increase. Another 6,900 positions were added in Leisure and Hospitality. Construction added 5,500 jobs in May and grew by 4.3 percent over the year, which outpaced the national growth rate by 1.2 percentage points.

“Texas continues to outpace the nation in nearly all industries and continues to increase the number of employed Texans,” TWC Commissioner Representing Labor Alberto Treviño III said.

The Midland Metropolitan Statistical Area (MSA) had the lowest unemployment rate among Texas MSAs with a not seasonally adjusted rate of 2.4 percent in May, followed by the Amarillo MSA at 2.8 percent, and College Station-Bryan MSA at 3.0 percent.

Employment estimates released by TWC are produced in cooperation with the U.S. Department of Labor’s Bureau of Labor Statistics. *All estimates are subject to revision. To access this and more employment data, visit TexasLMI.com.

The Texas Labor Market Information Data for June is scheduled to be released on Friday, July 19, 2024, at 9 a.m.

About TWC

Texas Workforce Commission is a state agency dedicated to helping Texas employers, workers, families, and communities prosper economically.

For details on TWC and its services in coordination with its network of local workforce development boards, call (800) 628-5115 or visit https://twc.texas.gov.