Texas

Unemployment in Texas fell below 4% for the first time since the pandemic closed

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Texas continued its 14-month streak of record employment in December, according to the Texas Workforce Commission report Friday. And the state’s unemployment rate fell to 3.9%, falling below 4% for the first time since forced business closures at the start of the coronavirus pandemic.

Texas employers added 29,500 non-farm payroll jobs in December, according to TWC. Jobs in education and health accounted for more than 40% of that figure with 12,700 jobs, leading to a rise in jobs last month. Financial services and manufacturing also added 6,300 and 5,500 jobs, respectively.

In total, there are over 13.7 million non-agricultural jobs in the state.

Texas also saw significant job growth throughout most of 2022. From November 2021 to November 2022, Texas ranked second in the nation for the increase in total nonfarm employment with 657,600 jobs, a 5.1% increase, according to a Bureau of Labor Statistics report. . California led the nation with the addition of 675,000 jobs.

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