Texas Still Pumping Out Jobs via Real Estate Center at Texas A&M

Despite lower oil prices, the Texas economy continues to create more jobs. The state’s economy gained 276,400 nonagricultural jobs from June 2014 to June 2015, an annual growth rate of 2.4 percent compared with 2.1 percent for the United States.

According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the nongovernment sector added 253,900 jobs, an annual growth rate of 2.6 percent compared with 2.4 percent for the nation’s private sector.

Texas’ seasonally adjusted unemployment rate fell to 4.2 percent last month from 5 percent a year ago. The nation’s rate decreased from 6.1 to 5.3 percent.

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