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Texas Nonagricultural Job Growth Up 3.2 Percent in FebruaryTexas Nonagricultural Job Growth Up 3.2 Percent in Februaryhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=102502015-04-03T11:21:00Z2015-04-03T00:00:00Z

COLLEGE STATION (Real Estate Center) – The Texas economy gained 362,400 nonagricultural jobs from February 2014 to February 2015, an annual growth rate of 3.2 percent compared with 2.4 percent for the United States.

According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the state’s nongovernment sector added 344,100 jobs, an annual growth rate of 3.6 percent compared with 2.8 percent for the nation’s private sector.

Texas’ seasonally adjusted unemployment rate fell to 4.3 percent in February from 5.4 percent a year ago. The nation’s rate decreased from 6.7 to 5.5 percent.

All Texas industries had more jobs. The state’s construction industry ranked first in job creation, followed by leisure and hospitality, the transportation, warehousing and utilities industry, and mining and logging.

All Texas metro areas had more jobs as well. Midland ranked first in job creation, followed by Odessa, Beaumont-Port Arthur, Victoria and Dallas-Plano-Irving.

The state’s actual unemployment rate in February was 4.3 percent. Midland had the lowest unemployment rate, followed by Amarillo, Lubbock, Austin-Round Rock and College Station.

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Economy
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