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2014 Houston Employment Forecast GHP2014 Houston Employment Forecast GHPhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=54532013-12-17T07:40:00Z2013-12-17T00:00:00Z

HOUSTON - The Greater Houston Partnership (GHP) has released its 2014 employment forecast. GHP forecasts the Houston metro area will create 69,800 jobs in 2014, an increase of 2.5 percent.

Employment will grow in all sectors, with professional and business services, education and health services, trade, transportation and utilities and construction turning in the strongest performances.

Energy and manufacturing will grow but at slower paces. The year should end with 2.9 million payroll jobs, a net increase of more than 500,000 jobs since January 2005. Only two other metros — New York and Dallas-Fort Worth — will be able to make a similar claim.

Sector Employment as of Change
  Dec. 2013 Dec. 2014  
Houston MSA Nonfarm Employment Forecast (in thousands)
Mining and Logging 110.6 116.2 5.1%
Construction 185.4 191.5 3.3%
Manufacturing 253.6 257.8 1.7%
Trade, Trans. and Utilities 593.9 606.2 2.1%
Information 32.8 33.0 0.6%
Financial Activities 142.4 144.3 1.3%
Professional and Bus. Services 428.7 444.1 3.6%
Educational and Health Services 347.8 356.7 2.6%
Leisure and Hospitality 268.7 275.7 2.6%
Other Services 98.7 100.7 2.0%
Government 377.1 380.5 0.9%

Source: GHP Research Department based on Texas Workforce Commission data.

Don't miss the entire 2014 forecast. See Greater Houston Partnership or 2014 Houston Employment Forecast Market Data Sources.

Greater Houston Partnership
Houston-The Woodlands-Sugar Land
Employment
http://www.houston.org/pdf/research/quickview/employment-forecast.pdfRead more at {Source}

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