Ray Perryman: Despite headwinds, Texas economy is generating jobs
May was another solid month for the Texas job market, with the state posting by far the largest gain in jobs across the nation (+74,200), well abov...
May was another solid month for the Texas job market, with the state posting by far the largest gain in jobs across the nation (+74,200), well above California (+42,900) and New York (+26,800). Texas was also near the top in percentage increase, an unusual feat for such a large state. Over the past year, Texas has added 762,400 jobs, and employment is now about 400,000 higher than prior to the pandemic (the US remains about 900,000 behind the previous peak). Not every state is as fortunate, and some continue to shed jobs.