Texas Job Market Shows Stability with 300 New Jobs Added in April

Want the full story?
Read the complete article at KVIA
AI Summary
In April, Texas added 300 nonfarm jobs, bringing the total to 14.39 million, while maintaining an unemployment rate of 4.3%. Over the past year, the state experienced a net gain of 82,400 jobs, surpassing the national growth rate by 0.4 percentage points. The civilian labor force decreased slightly to 15.89 million but remains up by 49,200 compared to last year. Key sectors contributing to job growth include Professional and Business Services, which added 4,700 jobs, and Construction, which saw an increase of 3,500 jobs. The Texas Workforce Commission emphasizes the importance of supporting workforce initiatives to ensure continued economic resilience.
Key Details: • Texas added 300 nonfarm jobs in April 2023. • Unemployment rate remains steady at 4.3%. • Total jobs in Texas reached 14.39 million. • Professional and Business Services gained 4,700 jobs. • Construction sector recorded a 2.1% annual growth rate.