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Texas three remain strong. According to the Texas Workforce Commission, Austin, Dallas and Houston all experienced solid employment numbers for May. Austin recorded an unemployment rate of 2.9%. Dallas recorded an unemployment rate of 3.4% (Dallas / Plano – 3.4% Fort Worth / Arlington 3.7%). Houston recorded 4.8%. Overall Texas added 171,800 jobs and overall unemployment remained unchanged …
So the rate hike in June is probably history. Local Texas reports coming out in a couple weeks. Service-sector fields such as health care, retail and professional services, which continued to add jobs
Texas added 9100 private sector jobs in April according to ADP, however energy still lost 6900 jobs. The strongest sectors were Professional and Business Services which added 4700 jobs.
Employment Situation Summary Transmission of material in this release is embargoed until USDL-16-0882 8:30 a.m. (EDT) Friday, May 6, 2016
The cost of an employee increased for the month of may to 39% of their salary according to the Bureau of Labor Statists. Read More Here.
Total employment change in non farm payrolls shows Texas employment lost 2040 jobs for the month of March according to ADP report