Texas' pace of job creation exceeded the nation's in November 2016. The state gained 212,600 nonagricultural jobs from November 2015 to November 2016, an annual growth rate of 1.8 percent, higher than the nation's employment growth rate of 1.6 percent. The nongovernment sector added 173,100 jobs, an annual growth rate of 1.7 percent, the same as for the nation's private sector.
According to the Real Estate Center's latest Monthly Review of the Texas Economy, Texas' seasonally adjusted unemployment rate in November 2016 was 4.6 percent, the same rate as in November 2015. The nation's rate decreased from 5 to 4.6 percent.
All Texas industries except mining and logging and manufacturing had more jobs in November 2016 than in November 2015. Education and health services ranked first in job creation followed by leisure and hospitality, financial activities, trade, and the government sector.
All Texas metro areas except Longview, Beaumont-Port Arthur, Texarkana, Odessa, and Wichita Falls had more jobs in November 2016 than in November 2015. Dallas-Plano-Irving and McAllen-Edinburg-Mission ranked first in job creation followed by Brownsville-Harlingen, San Angelo, and College Station-Bryan.
The state's actual unemployment rate in November 2016 was 4.2 percent. Amarillo, Austin-Round Rock, and Lubbock had the lowest unemployment rate followed by College Station-Bryan, Dallas-Plano-Irving, and Sherman-Denison.
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Previous reports available:
2016: January, February, March, April, May, June, July, August, September, October, November
2015: January, March, April, May, June, July, August, September, October, November, December
2014: January, March, April, May, June, July, August, September, October, November, December