The Texas economy gained 381,600 nonagricultural jobs from August 2013 to August 2014, an annual growth rate of 3.4 percent compared with 1.8 percent for the United States.
According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the state’s nongovernment sector added 347,200 jobs last month, an annual growth rate of 3.7 percent compared with 2.1 percent for the nation’s private sector.
Texas’ seasonally adjusted unemployment rate fell to 5.3 percent from 6.4 percent a year ago. The nation’s rate decreased from 7.2 to 6.1 percent.
Read more...Texas Jobs Up, Unemployment Down via Real Estate Center at Texas A&M
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