Special to the Register
USTIN — The Texas economy continued its upward trend in job growth with the addition of 80,600 jobs in February, totaling 359,800 seasonally adjusted nonfarm jobs added over the year. The state’s employment has grown by 3.3 percent over the year, with 11 major industries showing positive growth over the year.
Texas’ seasonally adjusted unemployment rate was 6.4 percent in February, up slightly from 6.3 percent in January, but down from 7.1 percent a year ago, as the state’s Civilian Labor Force continued to rise. The state’s unemployment rate also remained below the national unemployment rate of 7.7 percent, marking the 74th consecutive month that the Texas unemployment rate has been below the national rate.
“The Texas economy continues to expand, and the addition of 80,600 jobs in February is good news for job seekers,” said Texas Workforce Commission (TWC) Chairman Andres Alcantar. “With businesses expanding in 11 major industries over the year, including a 4.3 percent annual growth rate in the Goods Producing industries, TWC stands ready to help Texans take advantage of these opportunities.”
Texas’ Goods Producing sector, comprised of Construction, Mining and Logging, and Manufacturing, has seen positive growth with 21,200 jobs added over the month.
“It’s good to see so many industries expanding in Texas,” said TWC Commissioner Representing Labor Ronny Congleton. “Our state’s Construction industry and Mining and Logging industry have both grown by 7.5 percent over the last year, combining for 63,000 jobs added. Such strong growth in these industries helps to drive growth in other industries.”
Employment in Professional and Business Services increased by 25,400 jobs in February. This industry has grown by 4.8 percent over the year, adding 66,000 jobs.
“Private employers have added 347,200 jobs over the year, growing at a rate of almost 4 percent,” said TWC Commissioner Representing Employers Hope Andrade. “As these businesses continue to grow their investments, I am committed to ensuring that our state can continue to meet their workforce needs.”