Not only are the stars big and bright in Texas, so is the job growth.
Last week, the Dallas Morning News reported that the state of Texas has added 33,000 jobs during the month of April.
This increase – as well as the 326,100 jobs added in the last 12 months – has made Texas the number 1 state in job creation.
This incredible news is welcoming to all of us in the career staffing industry, especially for those of us located in the great state of Texas.
Texas was the No. 1 state again in job creation,” said Jason Frederick, a senior economist for BBVA Compass bank. In March, “we saw a little blip and I said then that it wasn’t enough to worry about.”
The state’s seasonally adjusted job growth in April comes after it lost 5,200 jobs in March, which was revised from an initial 4,100 job losses
Texas’ unemployment rate is currently below the national average at 6.4 percent. While the national unemployment rate is 7.5 percent.
According to the U.S. Bureau of Labor Statistics, every state – excluding three – has seen job gains in the last 12 months, but Texas is expected to grow the most with at least 3 percent for this year.
Texas’ fastest growing industry has been construction, which added 41,500 jobs in the last year. 6,000 of them in this past April alone. This has also had a great affect on home prices, which are up by 1/3 in the first quarter. Even if you’re not in the construction or real estate industry, this is good news for all.
Dallas alone has added 14,300 jobs and currently has a 6 percent unemployment rate, one of the lowest in the state.
If you live in Texas, this is reassuring news for your job search. If you do not currently live in Texas and you are looking for a new job, we’d love to have you. Once you get here, look no further than Maxsys Solutions for all your job searching needs.