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For nearly two years, Texas has led the country in job growth, most recently adding more than 400,000 new jobs between August 2022 and 2023, according to a Department of Labor Statistics report ...
A rough comparison of September 2014 (when the unemployment rate was 5.9%) versus October 2009 (when the unemployment rate peaked at 10.0%) helps illustrate the analytical challenge. The civilian population increased by roughly 10 million during that time, with the labor force increasing by about 2 million and those not in the labor force ...
The state has yet to return to its pre-pandemic unemployment rate of about 3.5%, even as it leads the country in new jobs created. However, state economic experts say the unemployment rate is an ...
Before the pandemic, the U.S. labor force had risen each year since 1960 with the exception of the period following the Great Recession, when it remained below 2008 levels from 2009 to 2011. [2] In 2021, The Great Resignation resulted in record numbers in voluntary turnover for American workers. [3] US Census Bureau Employment (NAICS/SIC)
The jobs created since the end of the recession (2009) have not been sufficient to show a significant improvement in employment for the 25–54 age range. [31] In the 16–64 age range, from mid-2008 to March 2013 the ratios of employed men and women have declined by approximately 6 and 3 percentage points, respectively.
The Texas labor market appears to have rebounded from the pandemic, with rapid population growth driving a demand for jobs. Texas now has more jobs than it did before the pandemic hit Skip to main ...
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