News Summary
Texas has set remarkable records in job growth and workforce expansion, adding over 215,000 nonfarm jobs in just one year. With a labor force of 15.8 million, the state outpaces national averages and continues to demonstrate a vibrant business climate. Governor Abbott has declared May as Economic Development Week, further investing in career training for high-demand jobs. The state’s commitment to economic growth is underscored by the awarding of the 2025 Prosperity Cup and legislative efforts to boost capital markets. Fort Worth and Houston emerge as leaders in job creation within Texas.
Texas Sets New Job Growth Records
Texas has recorded unprecedented growth in its job market, as revealed by April’s employment data. Governor Greg Abbott announced that the state’s labor force expanded by over 215,000 nonfarm jobs over the past year, surpassing the national job growth rate. The total number of nonfarm jobs in Texas has now reached a remarkable 14,320,000, with an increase of 37,700 jobs in just April alone.
Key Job Growth Figures
A record high of 15,814,000 Texans are now part of the labor force, with 15,171,500 individuals currently employed or self-employed. The state has seen Texas employers add more than 2.5 million jobs since Governor Abbott took office. This job creation is a testament to the robust economic environment within Texas, which Abbott attributes to a pro-business climate.
Governor Abbott’s Remarks
During the announcement, Abbott emphasized that Texas remains the Best Business Climate in America. He pointed out that businesses continue to invest in the state with confidence, further bolstered by the state’s recent recognition with the 2025 Prosperity Cup for attracting job-creating business investments. To coincide with the announcement, Abbott proclaimed May 12–16 as Economic Development Week in Texas, underscoring the importance of continuing to advance pro-growth economic policies.
Legislation Signed to Support Growth
In addition to announcing job growth figures, Governor Abbott signed three new pieces of legislation aimed at enhancing Texas’ capital market. These legislative measures are designed to promote economic development and provide additional support for job creation in high-demand occupations. Abbott highlighted the necessity of investing in career training to meet the needs of today’s job market.
Highlights from Texas Metropolitan Areas
The job growth statistics also show significant gains in major Texas metropolitan areas. Fort Worth and Houston were specifically noted for their outstanding performance, ranking highest in job growth among major cities in Texas over the previous year. As such, these areas are poised for continued economic expansion, driven by a combination of local and regional investments.
Sector Contributions to Growth
Texas’ economic expansion is predominantly influenced by key sectors such as energy, financial services, and construction. The continued strength in these industries underscores the state’s diverse economic base and its ability to adapt to changing market conditions. With a growing labor force and an encouraging business environment, Texas is well-positioned for future growth.
Conclusion
The announcement of record job growth in Texas highlights the state’s significant role in the national economy and its appeal to businesses seeking a favorable climate for investment. With ongoing support for workforce development and legislative initiatives aimed at fostering economic stability, Texas is set to maintain its momentum in job creation and overall economic success.
Deeper Dive: News & Info About This Topic
- Houston Texas News
- Hoodline
- The Center Square
- KVUE
- Austin American-Statesman
- Wikipedia: Economy of Texas
- Google Search: Texas job growth
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- Encyclopedia Britannica: Texas
- Google News: Texas job growth
