Texas Sets New Record All-Time Low Unemployment Rate of 3.5 percent

Date: June 21, 2019

Media Contact: Margaret Hession
Phone: 512-463-8942

Economy Adds 19,600 Jobs in May

AUSTIN ⎯ The Texas economy saw additional positive employment growth in May 2019, with 19,600 seasonally adjusted nonfarm positions added over the month. The Texas economy’s seasonally adjusted unemployment rate in May 2019 set a new historic record low rate of 3.5 percent breaking the previously held low rate of 3.7 percent last held in April 2019. This new record low 3.5 percent unemployment rate is currently the lowest it has ever been since series tracking began in 1976.

“This month’s record low unemployment rate of 3.5% highlights the competitive strength of our Texas economy and is a testament to the hard work of our Texas employers and skilled workforce,” said TWC Chair and Commissioner Representing Employers Ruth R. Hughs. “Our economy is thriving across multiple industries, attracting new companies every day, showing that Texas is the best state in the nation to do business.”

Private sector employers added 277,000 jobs over the year. Private annual employment growth was at 2.6 percent in May and has held above 2.0 percent since October 2017.

 “Today I am especially proud to be a Texan. Our historically low unemployment rate is excellent news for Texas workers,” said TWC Commissioner Representing Labor Julian Alvarez. “As more Texans find stable employment they are able to invest in their communities and future generations of Texas workers.”

Professional and Business Services led all major industries over the month, adding 8,100 jobs. Education and Health Services added 4,500 over the month while Construction added 3,300 jobs.

The Midland Metropolitan Statistical Area (MSA) recorded April’s lowest unemployment rate among Texas MSAs with a non-seasonally adjusted rate of 1.7 percent, followed by the Amarillo and Odessa MSAs which recorded at 2.1 for the second lowest rate.

Audio downloads with comments from Commissioner Alvarez on the latest labor market data are available on the TWC webpage for recent press releases. Employment estimates released by TWC are produced in cooperation with the U.S. Department of Labor’s Bureau of Labor Statistics. All estimates are subject to revision. To access this and more employment data, visit TexasLMI.com.

The Texas Labor Market & Career Information Data for June is scheduled to be released on Friday, July 19, 2019 at 9:00 a.m. (CDT).

Civilian Labor Force Estimates for Texas Metropolitan Statistical Areas Not Seasonally Adjusted (In Thousands)
  May 2019 April 2019 May 2018
C.L.F. Emp. Unemp. Rate C.L.F. Emp. Unemp. Rate C.L.F. Emp. Unemp. Rate
United States 162,655.0 157,152.0 5,503.0 3.4 162,097.0 156,710.0 5,387.0 3.3 161,765.0 156,009.0 5,756.0 3.6
Texas 13,966.9 13,558.2 408.7 2.9 14,000.9 13,585.3 415.6 3.0 13,811.0 13,312.2 498.7 3.6
Abilene 76.9 74.9 2.0 2.6 77.3 75.3 2.0 2.5 77.5 75.2 2.4 3.0
Amarillo 132.5 129.8 2.8 2.1 132.5 129.7 2.8 2.1 132.8 129.4 3.3 2.5
Austin-Round Rock 1,211.0 1,184.0 27.0 2.2 1,210.7 1,183.1 27.7 2.3 1,194.1 1,161.9 32.1 2.7
Beaumont-Port Arthur 175.3 167.4 8.0 4.5 175.8 167.9 7.9 4.5 175.5 165.6 9.9 5.6
Brownsville-Harlingen 164.8 157.2 7.6 4.6 165.0 157.2 7.8 4.7 165.1 155.4 9.7 5.9
College Station-Bryan 135.5 132.4 3.1 2.3 135.4 132.4 3.0 2.2 132.5 129.0 3.6 2.7
Corpus Christi 207.2 199.8 7.5 3.6 208.2 200.7 7.5 3.6 209.4 199.7 9.8 4.7
Dallas-Fort Worth-Arlington 3,951.0 3,843.2 107.8 2.7 3,964.9 3,854.2 110.7 2.8 3,877.2 3,749.5 127.7 3.3
     Dallas-Plano-Irving MD 2,674.3 2,601.3 73.0 2.7 2,685.4 2,610.3 75.1 2.8 2,614.0 2,527.5 86.5 3.3
     Fort Worth-Arlington MD 1,276.7 1,241.9 34.8 2.7 1,279.5 1,243.9 35.6 2.8 1,263.2 1,222.0 41.2 3.3
El Paso 362.1 350.4 11.7 3.2 362.8 350.9 12.0 3.3 360.2 345.9 14.3 4.0
Houston-The Woodlands-Sugar Land 3,416.3 3,308.3 108.0 3.2 3,425.8 3,315.8 110.0 3.2 3,377.8 3,240.1 137.7 4.1
Killeen-Temple 177.8 172.2 5.6 3.1 178.4 172.8 5.6 3.2 175.4 168.7 6.8 3.9
Laredo 117.1 113.3 3.8 3.2 117.5 113.7 3.8 3.2 115.7 111.6 4.0 3.5
Longview 96.1 93.1 3.0 3.1 96.5 93.4 3.1 3.2 98.1 94.3 3.8 3.8
Lubbock 163.3 159.5 3.8 2.3 163.5 159.7 3.8 2.3 162.8 158.4 4.5 2.7
McAllen-Edinburg-Mission 351.1 333.4 17.7 5.0 351.6 334.1 17.6 5.0 349.4 328.5 20.8 6.0
Midland 106.6 104.8 1.8 1.7 106.3 104.5 1.8 1.7 104.1 102.1 2.0 2.0
Odessa 86.4 84.6 1.8 2.1 86.3 84.5 1.8 2.0 84.8 82.7 2.1 2.5
San Angelo 55.9 54.5 1.4 2.5 56.0 54.6 1.4 2.5 55.6 54.0 1.6 2.9
San Antonio-New Braunfels 1,197.0 1,166.2 30.8 2.6 1,204.3 1,173.2 31.1 2.6 1,186.7 1,150.3 36.4 3.1
Sherman-Denison 64.2 62.5 1.6 2.6 64.2 62.6 1.6 2.5 63.2 61.2 1.9 3.1
Texarkana 64.7 62.3 2.4 3.7 64.7 62.3 2.4 3.7 64.6 61.5 3.1 4.8
Tyler 108.1 105.2 3.0 2.8 108.2 105.2 3.1 2.8 108.1 104.4 3.6 3.4
Victoria 46.2 44.9 1.3 2.9 46.4 45.1 1.3 2.9 46.6 45.0 1.7 3.6
Waco 125.4 121.9 3.4 2.7 125.9 122.5 3.4 2.7 125.1 120.9 4.2 3.4
Wichita Falls 65.3 63.5 1.7 2.6 65.7 64.0 1.7 2.6 66.0 63.9 2.0 3.1
Texas Nonagricultural Wage and Salary Employment Seasonally Adjusted
Industry Title May 2019* Apr 2019 May 2018 Apr '19 to May '19 May '18 to May '19
Absolute Change Percent Change Absolute Change Percent Change
Total Nonagricultural 12,751,400 12,731,800 12,465,100 19,600 0.2 286,300 2.3
Total Private 10,791,800 10,773,300 10,514,800 18,500 0.2 277,000 2.6
Goods Producing 1,932,000 1,929,500 1,855,300 2,500 0.1 76,700 4.1
     Mining and Logging 258,700 259,100 243,500 -400 -0.2 15,200 6.2
     Construction 770,500 767,200 735,300 3,300 0.4 35,200 4.8
     Manufacturing 902,800 903,200 876,500 -400 0.0 26,300 3.0
Service Providing 10,819,400 10,802,300 10,609,800 17,100 0.2 209,600 2.0
     Trade, Transportation, and Utilities 2,514,100 2,512,400 2,480,800 1,700 0.1 33,300 1.3
     Information 202,000 202,000 204,200 0 0.0 -2,200 -1.1
     Financial Activities 796,800 794,800 774,200 2,000 0.3 22,600 2.9
     Professional and Business Services 1,777,600 1,769,500 1,728,500 8,100 0.5 49,100 2.8
     Education and Health Services 1,733,000 1,728,500 1,690,900 4,500 0.3 42,100 2.5
     Leisure and Hospitality 1,389,300 1,390,900 1,347,700 -1,600 -0.1 41,600 3.1
     Other Services 447,000 445,700 433,200 1,300 0.3 13,800 3.2
     Government 1,959,600 1,958,500 1,950,300 1,100 0.1 9,300 0.5

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The Texas Workforce Commission is a state agency dedicated to helping Texas employers, workers and communities prosper economically. For details on TWC and the services it offers in coordination with its network of local workforce development boards, call 512-463-8942 or visit www.texasworkforce.org. To receive notifications about TWC programs and services subscribe to our email updates.

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