Even with the oil concerns that hit the Texas economy as the oil and gas industry slowed, Texans kept a bright outlook on the future and rightfully so. In the year from June 2014 to June 2015, Texas added 276,400 nonagricultural jobs (nongovernment jobs accounted for 253,900). While the mining and logging did not add jobs over the year with the slow down, all other industry segments except manufacturing saw increases. The annual growth rate for Texas through June 2015 stands at 2.6% (private sector, nongovernment) while the nation is at 2.4%. This brings the Texas unemployment rate to 4.2%, compared with 5% at the same time last year, while the US fell from 6.1% to 5.3%.
image courtesy of Dirigentens