The following information has been compiled in order to create a more complete snapshot of the current economic status of Texas. The most recent labor market information for the state is from August 2024.
August 2024 Labor Market Information
- Unemployment Rate: 4.1%
- Total Non-Farm Employment: 14,239,200
- Jobs Change Over the Year: 302,400
- Annual Growth Rate: 2.2%
August employment data released by the Texas Workforce Commission shows:
- The Texas labor market achieved a new record-high level for jobs and the civilian labor force in August with total nonfarm employment reaching 14,239,000; 78,000 jobs were added in August.
- Texas has added 302,400 jobs from August 2023 to August 2024.
- Leisure and Hospitality added 15,500 jobs, Professional and Business Services added 12,700, and Trade, Transportation, and Utilities added 9,600 jobs.
- The Midland Metropolitan Statistical Area (MSA) had the lowest unemployment rate among Texas MSAs.
