Texas Leads Nation With Fastest Annual Jobs Growth Rate
Historic Highs Surpassed As More Texans Are Working Than Ever Before
Governor Greg Abbott today touted Texas’ continuing strong jobs growth following employment releases from the Texas Workforce Commission and the U.S. Bureau of Labor Statistics showing Texas leading the nation with the fastest annual jobs growth rate as the state again broke its all-time record for total jobs with employers adding 33,600 nonfarm jobs in November.
“Businesses continue to grow jobs in Texas thanks to the strength of the Texas economy, the diversity of industries investing here, and the best workforce in America," said Governor Abbott. “Texas works when Texans work, and I am proud that we've again hit a new historic high for total jobs. Despite economic pressures evident across the country, Texas employers grew jobs at the fastest rate in the nation over the past 12 months. More Texans are working than ever before, and in the months ahead we will continue working together to safeguard the freedoms found only in the Lone Star State and expand opportunity for all Texans.”
Strong jobs numbers reported for Texas include:
- A record 13,672,900 total jobs, setting a new historic high for total nonfarm jobs for the 13th consecutive month, as employers added 33,600 nonfarm jobs in November
- A record 14,015,544 employed Texans, including nonfarm jobs, self-employed, and other job categories
- 5.1% annual jobs growth rate (November 2021 to November 2022), the fastest in the nation
- 63.5% labor force participation rate, above the national average