Hiring gets higher! Texas jobs growHiring gets higher! Texas jobs growhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=142842016-08-24T05:00:00Z2016-08-24T18:00:00Z

​TEXAS - Hiring for Texas workers picked up in July 2016 as the state’s economy is expected to rebound after a sluggish start to 2016, according to the Federal Reserve Bank of Dallas.

Roughly 21,700 jobs were added in July 2016, up from a revised 16,700 in June 2016, the Dallas Fed reported. 

Hiring has slowed compared to 2015 and is forecasted to reach a little more than half the pace of 2015. 

But jobs were added at the highest rate yet this year in July 2016, the Dallas Fed said.

It’s now estimated that about 96,200 jobs will be added in 2016, up 0.5 percent from predictions July 2016.

Employers are advertising more jobs and the growth is fueled in part by rising stock prices of Texas-based companies. 

The unemployment rate for the Dallas-Plano-Irving area was 4.1 percent in July 2016, up from 4 percent in June 2016. ​

Dallas Business Journal
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