The Texas economy gained 265,500 nonagricultural jobs from December 2011 to December 2012, an annual growth rate of 2.5 percent compared with 1.4 percent for the United States.
The Real Estate Center's latest Monthly Review of the Texas Economy reports that the state’s nongovernment sector added 258,500 jobs, an annual growth rate of 2.9 percent compared with 1.7 percent for the nation’s private sector.
The state’s seasonally adjusted unemployment rate fell to 6.1 percent in December from 7.4 percent the year before. The nation’s rate decreased from 8.5 to 7.8 percent.
Read more...Job Growth Rate Rises, Unemployment Falls via Real Estate Center at Texas A&M
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