Good news on Texas jobs. The Texas Workforce Commission has now reported that Texas added 40,100 nonfarm jobs in January to reach a total of 14,379,500 positions. Over the year, the state added 112,200 jobs for an annual nonfarm growth rate of 0.8 percent, outpacing the national growth rate by 0.6 percentage points.
The seasonally adjusted unemployment rate in Texas remained stable at 4.3 percent.
The Construction industry had the largest private sector over-the-month increase in January after adding 11,800 jobs. Construction also posted an annual growth rate of 3.4 percent in January, which was the highest of any major industry. The Leisure and Hospitality industry and Private Education and Health Services industry each added 10,300 jobs over the month while Professional and Business Services added 10,200.
