Austin News

Governor Greg Abbott announced today that Texas continues to lead the nation in annual jobs growth, adding more jobs over the last 12 months than any other state. The November employment data released by the Texas Workforce Commission and the Bureau of Labor Statistics shows that Texas has set three new record highs for total jobs, the number of Texans working, and the size of the Texas labor force.

"Texas dominates as America's jobs engine, again adding more jobs over the last 12 months than any state in the nation," said Governor Abbott. "I am proud that more Texans are working than ever before, thanks to employers who continue to invest and grow jobs here. Texas serves as a beacon of opportunity, proving that when given the freedom to aspire and the foundation to succeed, businesses flourish and people prosper."

According to the data, Texas reached a new historic high with the largest labor force ever in the state's history at a record 15,192,900. The number of Texans working, including self-employed, also reached a new historic high at 14,576,500. Additionally, Texas reached a new historic high for total jobs at 14,094,900 after adding 26,800 non-farm jobs in November.

Over the last 12 months, Texas added the most jobs in the nation, with a total of 407,100 jobs added from November 2022 to November 2023. This represents an annual growth rate of 3%, which is higher than the national growth rate of 1.8%.

Governor Abbott highlighted the strength of Texas' economy and its continued momentum. Earlier this month, the Texas economy expanded faster than the nation as a whole for the fourth quarter in a row. In the second quarter of 2023, the real GDP in Texas grew at an annual rate of 4.9%, outpacing the United States' growth rate of 2.1%.

As Texas leads the nation in annual jobs growth and continues to experience economic expansion, Governor Abbott expressed his commitment to working together to ensure a brighter future for generations to come. Texas remains a beacon of opportunity and prosperity, attracting businesses and providing job opportunities for its residents.

For additional details, please follow this link: https://gov.texas.gov/news/post/texas-again-leads-nation-in-annual-jobs-growth-