AUSTIN — The Texas economy again has added jobs at a faster rate over the last 12 months than the nation as a whole, as evidenced in the release of May employment data.
Texas also broke previous historic highs for total jobs, the number of Texans working and the size of the Texas labor force.
“Texas is where the future is building,” Gov. Greg Abbott said Friday. “That is why Texas continues to grow jobs and outperform the nation in annual job growth.”
May employment data released by the Texas Workforce Commission shows: Texas reached a new high with the largest labor force ever in the state’s history. at 15,262,600.
A new high for Texans working, including self-employed, at 14,655,700.
A new high for total jobs at 14,195,600 after adding 41,800 non-farm jobs in May.
Texas added 316,700 jobs from May 2023 to May 2024, expanding at 2.3 percent and outpacing the nation by half a point.
May marked monthly job growth in Texas for 47 of the last 49 months.
“With America’s best business climate, our strong and growing workforce, and an unwavering focus on investing for the future, we see more Texas businesses innovating and more hardworking Texans forging a path to prosperity,” Abbott said.
“Texas is where today’s products are made and where tomorrow’s technologies are born. We will continue to lead the nation as we build a bigger, better Texas for decades to come,” he added.
Earlier this month, Abbott appointed 11 members to the new business court divisions created last year to provide an efficient mechanism to resolve complex commercial disputes and keep Texas moving at the speed of business.
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