Texas Adds 37,600 Jobs in February
Apr 11, 2014 | 398 views | 0 0 comments | 4 4 recommendations | email to a friend | print
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 5.7 percent unemployment rate is a full point below national rate



AUSTIN — Texas employers added 37,600 seasonally adjusted total nonfarm jobs in February. Those

additions, coupled with a revised gain of 43,000 jobs in January, boosted annual growth to 314,200 jobs in

Texas.



Texas’ seasonally adjusted unemployment rate held steady at 5.7 percent in February. It was down from 6.5

percent in February 2013, and was a full percentage point below the nation’s February unemployment rate of

6.7 percent.



“The Texas economy added 314,200 jobs over the year for an annual growth rate of 2.8 percent,” said Texas

Workforce Commission (TWC) Chairman Andres Alcantar. “I encourage job seekers to visit their local

Workforce Solutions office to take advantage of the jobs being created across industries in Texas.”



Eight out of 11 major industries expanded over the month. Industries in the private sector added 31,000 jobs in

February for a total of 278,000 added over the year and a 3.0 percent annual growth rate. Professional and

Business Services added more positions than any other major industry over the month, with 10,600 jobs added.



“Growing at 5.5 percent over the year, Mining and Logging continued to show the highest rate of expansion of

any major industry in Texas,” said TWC Commissioner Representing Labor Ronny Congleton. “Growth in this

industry and many others in the short and long term is more positive news for job seekers in Texas.”



Financial Activities also recorded positive growth with 7,400 jobs added over the month and has expanded in 39

of the last 41 months. Construction jobs increased by 5,700 in February for a total of 14,900 jobs added over the

last three months.



“In the last year, we have seen broad-based growth in Texas, with all 11 major industries continuing to grow

annually, and 10 of those industries posting annual growth rates of 2.0 percent or higher,” said TWC

Commissioner Representing Employers Hope Andrade.

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The Midland Metropolitan Statistical Area (MSA) had the lowest February unemployment rate in the state at

3.0 percent. The Odessa MSA had the second lowest at 3.7 percent and the Amarillo MSA was third at 4.2

percent (not seasonally adjusted).

Audio downloads from Chairman Alcantar on the latest labor market data are available at:

http://texasworkforce.org/news/press/2014/press-releases-2014.html#pressReleaseAudio.

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