Texas nonfarm employment rose 2 percent from September 2006 to September 2007 compared with 1.2 percent annual growth rate of nonfarm employment for the United States.
The state’s seasonally adjusted unemployment rate fell from 4.8 percent in September 2006 to 4.3 percent in September 2007.
The state’s mining industry ranked first in job creation, followed by professional and business services, the leisure and hospitality industry, and construction.
All Texas metro areas experienced positive employment growth rates from September 2006 to September 2007. McAllen-Edinburg-Mission ranked first in job creation followed by Austin–Round Rock, Lubbock, Houston–Sugar Land–Baytown, and Dallas-Plano-Irving.
Midland had the lowest unemployment rate, followed by Amarillo, Lubbock, Odessa, Abilene and Austin–Round Rock. The full report is available online.
Source: Real Esate Center (RECON)