Texas Ends 2014 with Another Month of Job Growth Unemployment rate falls to 4.6 percent in December, lowest since May 2008

AUSTIN –Texas employers added jobs in impressive fashion in 2014 with the increase of 457,900 seasonally adjusted total nonfarm jobs over the year. December was the fifth straight month of record-breaking annual job growth for the Lone Star State. Over the month, the state gained 45,700 jobs, marking 51 straight months of employment growth. In addition, the seasonally adjusted unemployment rate fell to 4.6 percent in December down from 4.9 percent in November, and down from 6.0 percent a year ago. This was the lowest Texas unemployment rate since May 2008. “Texas finished 2014 on a positive note adding 457,900 jobs over the year, its fifth straight month of record-setting annual job growth,” said Texas Workforce Commission  (TWC) Chairman Andres Alcantar. “Every major industry added jobs over the year, benefiting from a strong business climate and a growing, competitive and high quality Texas workforce.”

Seven of 11 major industries saw an increase in jobs in Texas in December. Those increases included 14,800 positions in Professional and Business Services, 6,800 jobs in Education and Health Services and 5,100 Construction jobs added.

 

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