In January 28,000 Texas jobs were created. Despite this, the state unemployment rate continued to rise. Over the past 12 months, Texas employers created over 277,200 jobs, giving the state an annual job growth rate of 2.7 percent, according to recent Texas Workforce Commission statistics.
While Texas employers continue to create new area jobs, the rest of the country experienced a reduction in available positions. This was the first such decrease in available jobs since 2003. Many believe this to be a strong signal that national economy was slowing down and that a possible recession could be on its way.
Popularity: 72% [?]
