The Texas Workforce Commission reports that Texas’ labor market achieved a new record high as the state’s seasonally adjusted job count reached 14,094,900, an increase of 26,800 positions over the month of November. Lone Star State employment set new record high levels in each of the last 26 months and added 407,100 positions since November 2022, ranking No. 1 in the nation in over the year increase of seasonally adjusted nonfarm jobs. Texas’ employment growth rate continued to outperform with 3.0 percent annual growth from November 2022 to November 2023⎯outpacing the nation’s more modest 1.8 percent.
The Texas seasonally adjusted civilian labor force grew over the month by 30,800 people to reach 15,192,900 in November. This marked the 11th consecutive monthly increase and included the addition of 39,700 Texans employed. The seasonally adjusted unemployment rate held at 4.1 percent.
