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Research & Data
Texas Employment Update
March 12, 2012
The Texas economy continued to expand. Texas added 58,000 jobs in January (Table 1).
| Table 1 Monthly Job Growth in Texas |
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| Number of jobs added | Annualized growth rate | |
|---|---|---|
| January 2012 | 58,000 |
6.74 |
| Total 2011 | 209,700 |
2.01 |
| Monthly Job Growth in Texas SOURCES: Bureau of Labor Statistics, seasonal and other adjustments by the Federal Reserve Bank of Dallas. View full data series. |
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The Dallas Fed improves the Bureau of Labor Statistics' (BLS) payroll employment estimates for Texas by incorporating preliminary benchmarks into the data in a more timely manner and by using a two-step seasonal adjustment technique. Current Dallas Fed data are benchmarked though second quarter 2011. BLS data are benchmarked through second quarter 2011.
Types of Jobs Being Created in Texas
Chart 1 below provides a breakdown of employment growth in January 2012, listing each sector by its weight in the Texas employment mix.
Note
Data may not match previously published numbers due to data revisions.
