Texas’s economy added an estimated 13,700 nonfarm jobs in October, indicating a less than 1 percent increase from September, according to the latest Texas Workforce Commission report. Nonfarm jobs increased by 207,500 statewide, or 1.7 percent year-on-year, since October 2015.
Texas’s unemployment rate decreased slightly from 4.8 percent in September to 4.7 percent in October. By comparison, the national unemployment rate dropped from 5 percent in September to 4.9 percent in October.
In the Dallas-Fort Worth-Arlington metropolitan statistical area, labor force estimates showed a decrease in the unemployment rate from 4.1 percent in September to 3.6 percent in October, but with 16,200 fewer people joining the workforce in that time, according to the report.
TWC spokesperson Lisa Givens said the unemployment rate and the number of jobs added are generated from two separate surveys. As a result, she said the numbers can appear different without contradicting each other.
“If the civilian labor force of [an] area grows faster than the number of employed persons in that given area, then the unemployment rate will go up because so many people are entering the workforce marketplace that there aren’t enough jobs for all of them,” she said.
The agency recorded the largest statewide employment gains in the trade, transportation and utilities industries, with 8,200, or 0.3 percent more people in October than September.
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