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Texas Employment Update

March 12, 2013

The Texas economy continued to expand. Texas added 4,000 jobs in January(Table 1).

Table 1
Monthly Job Growth in Texas
  Number of jobs added Annualized growth rate
January 2013
4,000
0.44
Total 2012
335,500
3.14
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.

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 through third quarter 2012. BLS data are benchmarked through third quarter 2012.

Types of Jobs Being Created in Texas
Chart 1 below provides a breakdown of employment growth since the start of 2013, listing each sector by its weight in the Texas employment mix.

Note

Data may not match previously published numbers due to data revisions.

 

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