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Texas Economy Is Up

Texas economy adds 34,700 positions in May

The Texas economy added 34,700 seasonally adjusted nonfarm jobs in May, which marked 23 consecutive months of employment growth. Over the year, Texas added 352,100 jobs for an annual employment growth rate of 2.9 percent. Private-sector employers added 34,300 positions over the month. Texas’ seasonally adjusted unemployment rate was 4.1 percent in May, unchanged from April 2018.