Texas Jobless Rate in April At Record Low of 4.1%
AUSTIN — The April statewide seasonally adjusted unemployment rate fell to 4.1%, down from 4.3% in March and 4.4% in April 2007, once again matching the record low set in February (see chart above, click to enlarge). The 4.1% April unemployment rate in Texas remains far below the U.S. unemployment rate of 5.0%. Seasonally adjusted nonagricultural employment in Texas grew by 15,400 jobs in April.
“Texas continues to outpace national trends with its record low unemployment rate,” said Texas Workforce Commission (TWC) Chairman Tom Pauken. “Texas employers now have added 262,000 jobs in the past 12 months.”
Note: Adding 262,000 jobs in Texas over the last 12 months is almost like adding an entire new state the size of Wyoming (total state employment of 283,000) to the Texas economy. Even the construction sector in Texas is booming - 3,000 jobs were added in April, for a gain of 23,200 jobs over the year.