Texas Labor Market Review, August 2006 Page: FRONT COVER
12 p. : ill., mapsView a full description of this periodical.
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IN THIS ISSUE
Texas Nonagricultural wage & Salary
Employment (Seasonally Adjusted) ......... I
Texas & U.S. Unemployment Rates.......... 2
Texas Nonagricultural wage & Salary
Employment (Not Seasonally Adjusted) ..... 3
MSA Nonagricultural Wage & Salary
Employment (Not Seasonally Adjusted) ..... 5
Highlights of the Texas Labor Force ......... 8
County Unemployment Rates .............. 9
City & WDA Unemployment Rates ........ 10
Hours and Earnings...................... 10
Glossary1.................................11
"Happenings Around the State" ........... 11
Indicators............................... 12EX
1 A B O R
M A R K E T
R E V I 1 i Ubrarv
AUGUST 2 0 0 6Texas Nonagricultural Wage and Salary Employment
(Seasonally Adjusted)T otal Nonagricultural Employment in Texas expanded by 15,700
jobs in July. This employment series has recorded 22 consecutive
months of employment growth. The Government and Construction
industries generated the bulk of the monthly gain, with smaller
increases and decreases noted throughout the remaining sectors of
employment. The annual growth rate for Total Nonagricultural
Employment dipped slightly from a rate of 2.5 percent in June 2006 to
2.4 percent in July 2006, which represents an addition of 230,300 jobs
over the year. Nine of the eleven major industry groups added jobs
since last July.
Construction employment continued its fourteen-month trend of job
growth with the notable addition of 7,800 jobs in July. The over-the-
month job gain was the largest July increase for Construction in over
a decade. The annual growth rate climbed from6.0 percent in June to
7.0 percent in July, for a total of 39,400 jobs gained in Construction
since July 2005.
Trade, Transportation & Utilities
(Statewide, Seasonally Adjusted)10.000
9.000 -
8,000 -
7.000 -
5.000 -
4.000 -
3.000-
1,000 -
.0ooJan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 J
Trade, Transportation and Utilities gained 5,600 jobs in July 2006, a
large increase when compared to the prior five-year-average July gain
of 1,700 positions. A total of 43,000 jobs have been added since July
2005, while the annual growth rate remained steady at 2.2 percent.
Employment in Financial Activities rose modestly by 400 jobs over
the month. The annual growth rate dipped slightly from 3.3 percent in
June to 3.0 percent in July, yet growth has remained at a rate of 3.0percent or higher for all of 2006. Since July 2005, 18,100 jobs have
been added to Financial Activities employment.
Leisure and Hospitality Employment Change and Annual
Growth Rate (Statewide Seasonally Adjusted)
7000
6000 2.5%
5000
2.0%
4000
3000 1.5%
2000
1 t000
- a
Employment in Leisure and Hospitality Services posted a gain of
2,100 jobs in July, following a loss of 400 positions in June. The
annual growth rate rose from 1.8 percent in June to 2.0 percent in July,
an increase of 18,400 positions since July 2005.
Natural Resources and Mining employment experienced its second
monthly job decline in 2006 with the loss of 400 positions in July. The
annual growth rate fell from 5.1 percent in June to 3.6 percent in July.
A total of 6,100 jobs have been created in Natural Resources and
Mining since July 2005.
Employment in Professional and Business Services posted a loss of
3,100 employees in July, following a significant increase of 8,000
positions in June. This was the first over-the-month decrease since
September 2004. The annual growth rate dropped from6.0 percent in
June to 5.3 percent in July, an increase of 60,800 jobs since July 2005.
Following a substantial loss of 5,200 jobs in June, Government
employment expanded significantly with an increase of 10,500 positions
in July. The last time Government employment experienced a July job
boost of this magnitude was in 1997. The annual growth rate rose to
1.2 percent in July, bringing the overall number of jobs gained in
Government since July 2005 to 20,100.TEXAS WORKFORCE COMMISSION
LABOR MARKET AND CAREER INFORMATION DEPARTMENTII>r
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Texas Workforce Commission. Labor Market Information. Texas Labor Market Review, August 2006, periodical, August 2006; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1624225/m1/1/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.