Texas beats national annual job growth rate | texasinsider

“The diversity of industries growing in our great state is a testament to the resilience of Texas businesses and the best business climate in America.”

– Governor Greg Abbott

Texas Insider Report: AUSTIN, Texas – Governor Greg Abbott celebrated today that Texas has added more jobs than the rest of the country over the past 12 months after releasing July employment data. Texas also again posted new records for the number of working Texans and the size of the Texas workforce.

“Our qualified and growing workforce is a magnet for innovative companies and entrepreneurs who want to expand and be successful,” said Governor Abbott. “As a result, Texas employers have added jobs faster than the rest of the country over the past 12 months, and more Texans are working than ever before. The diversity of industries growing in our great state is a testament to the resilience of Texas businesses and the best business climate in America. With increasing investments in education, innovation and job training, we continue to build a bigger, better Texas for everyone.”

The employment data for July were released by the U.S. Bureau of Labor Statistics and the Texas Workers Commission shows:

• Texas has reached the largest workforce in state history with 15,353,700 employees after growing by 248,900 people over the past 12 months.
• In Texas, a new high was reached for the number of employed Texans, with 14,731,400 residents (including self-employed people).
• From July 2023 to July 2024, Texas added 265,500 nonfarm jobs, outpacing the annual growth rate of the country as a whole.
• The unemployment rate in Texas was 4.1 percent in July, 0.2 percentage points below the national rate.
• According to the Texas Workforce Commission, there are more than half a million job openings in the state. Job seekers are invited to explore the opportunities at WorkInTexas.com.

Governor Abbott also recently touted the unique business opportunities that continue to attract companies to Texas during a fireside chat at the Portland Chamber of Commerce.