Texas Adds 383,100 Jobs in Past Year

By Karl Wehmhoener | kwehmhoener@kamr.com

Published 06/20 2014 01:52PM

Updated 06/20 2014 01:57PM

AUSTIN - The Texas economy continued its trend of job growth in May, expanding by 56,400 seasonally adjusted non-farm jobs.

383,100 jobs were added in the past 12 months, making it the largest over-the-year job increase in Texas in nearly 17 years.

Additionally, the state’s annual growth rate climbed to 3.4-percent in May, which is the highest it has been since November 2012.

Texas employers from all 11 major industries in Texas expanded their payrolls in May.

The Midland Metropolitan Statistical Area (MSA) had the lowest May unemployment rate in the state at 2.6 percent. The Odessa MSA had the second lowest at 3.2 percent and the Amarillo MSA was third at 3.6 percent (not seasonally adjusted). 

Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.