Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 3.0 percent in 2023, with an 80 percent confidence band of 2.6 to 3.4 percent.
August 18, 2023
Labor market recovery and wage growth unequal across age groups after pandemic
The COVID-19 pandemic severely depressed U.S. labor force participation. Although the pandemic has eased, people ages 20–24 and those over 55 have been less likely to return to the workforce.
August 02, 2023
Wage growth still exceeds 3 percent despite slowing in business survey measures
Fed policymakers working to reduce inflation have closely monitored how fast wages have risen. National estimates put recent 12-month wage inflation at around 4–5 percent, though these measures can lag other indicators of labor market conditions. More timely wage data can be found from the five regional Federal Reserve Banks that run business surveys.
August 01, 2023
Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 2.5 percent in 2023, with an 80 percent confidence band of 2.1 to 3.0 percent.
July 21, 2023
Mexican IT services firm pitches ‘nearshoring’ as alternative to overseas ties
Softek chief executive Beni Lopez discusses the competitive challenges the firm faces in the North American market, where many of the world’s leading tech services firms are based, and the genesis of the company’s nearshoring strategy.
July 07, 2023
Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 2.8 percent in 2023, with an 80 percent confidence band of 2.2 to 3.3 percent.
June 16, 2023
Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 2.6 percent in 2023, with an 80 percent confidence band of 2.0 to 3.2 percent.
May 19, 2023
Recent growth of professional services jobs favors select Texas counties
Professional services jobs have grown faster in Texas than in the U.S. since 2020, partly because of business relocations to the state. This expansion has been highly geographically clustered, with 10 of Texas’ 254 counties accounting for more than 92 percent of the statewide growth.
May 16, 2023
Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 2.8 percent in 2023, with an 80 percent confidence band of 2.1 to 3.5 percent.
April 21, 2023
Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 2.8 percent in 2023, with an 80 percent confidence band of 2.1 to 3.5 percent.
March 24, 2023