Texas Leads the Nation in Job Growth for 2024

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Texas Job Growth

News Summary

In a remarkable achievement, Texas added over 284,200 new jobs from December 2023 to December 2024, maintaining its position as America’s job leader for the third consecutive year. With a total of 14.32 million jobs, and a labor force growing to 15.6 million people, sectors like professional services and trade are particularly thriving. The Dallas-Fort Worth area has added nearly a million jobs over the past decade, while Midland boasts the state’s lowest unemployment rate at just 2.4%. Texas continues to attract job seekers with robust opportunities across various industries.

Texas: The Lone Star State Gains Ground in Job Growth!

Howdy, folks! If you’re a Texan, or thinking about moving here, you’ll be pleased to hear that our great state is shining bright in the job market! In 2024, Texas has pulled off a remarkable feat by adding more than 284,200 new jobs from December 2023 to December 2024. That’s right, even amid all the hustle and bustle, the Lone Star State has been named America’s jobs leader for the third year in a row!

A Record of Success

With this impressive job addition, Texas has kept its title intact, boasting a whopping total of 14.32 million jobs by the end of 2024, breaking previous records! No other state in the nation came close to this level of job growth, making Texas the place to be for employment opportunities.

The excitement didn’t stop there—Texas also saw its labor force grow to nearly 15.6 million people, a significant increase of about 3.5% compared to last year. That means more people joining in on the action and contributing to the workforce!

Fastest-Growing Sectors

Curious about which sectors are buzzing with activity? Look no further than the professional and business services category, which turned out to be the fastest-growing segment by adding around 17,800 new jobs just in December. The trade, transportation, and utilities sector also made a splash by contributing 10,400 jobs, while leisure and hospitality weren’t far behind, adding 3,700 jobs to the mix.

Comparison with the National Average

In the grand scheme of things, the overall job count in Texas grew by 2% over the last year, which is notably surpassing the national average by 0.6%. It seems that our hardworking Texans are certainly thriving in a robust job market!

Unemployment Rates on the Move

4.2%, just a smidge above the national rate of 4.1%. Meanwhile, in the San Antonio-New Braunfels metro area, the unemployment rate dropped to an impressive 3.4%. This area also welcomed 2,400 new jobs in December! Hats off to them!

Over in Midland, they’re enjoying the cherry on top with the lowest unemployment rate in the state at just 2.4%. That’s a prime example of how diverse and thriving the job market can be across different Texas regions.

Labor Force Growth

In December alone, Texas welcomed 39,900 people into its labor force, showcasing how attractive job options are right now. However, not every area is booming—the McAllen-Edinburg-Mission metro had the highest unemployment rate in Texas at 6.2%. This serves as a reminder that job seekers still need to navigate the landscape wisely.

A Decade of Job Growth

And hold onto your hats, because the Dallas-Fort Worth-Arlington metro area is on a roll too! Over the last decade, they’ve added a jaw-dropping 956,413 jobs. Talk about a job magnet!

Conclusion: Texas is Open for Business!

As we look forward, the Texas Workforce Commission emphasizes the ongoing strength of our state’s economy. For job seekers out there, plenty of resources are available to help you navigate and find those golden opportunities that align with your skills. Whether you’re a Houston dynamo or a Texan at heart hunting for work, remember that Texas is open for business and ready to help you thrive! So, lace up those boots and get ready to join the ranks of the bustling workforce—they’re waiting for you!

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