Texas is achieving record-breaking job growth despite some recent job cuts and layoffs announced in different parts of the state.
The Texas Workforce Commission (TWC) — the state agency responsible for overseeing and providing workforce development services in Texas — delivered a Labor Day message on Friday recognizing the Lone Star State for its annual job growth, record labor force, and resilient job market.
“This Labor Day, the Texas Workforce Commission wants to recognize the state’s workforce for making Texas the best place to live and work,” said TWC. “The Lone Star State enjoys global renown due to the skill and dedication of its workforce and the vast opportunities for its businesses. In recognition of Labor Day, TWC spotlights these qualities by celebrating yet another year of record-breaking growth for the Texas labor force.”
Highlights listed in the letter included Texas leading the country in annual job growth, having the largest labor force in its history (15+ million), setting a state record by adding jobs for 29 consecutive months, achieving record-high employment levels for 22 consecutive months, and having a labor force participation rate 1.6% higher than the U.S. national average.
“This record-breaking employment growth shows Texas has the most dynamic workforce in the nation,” TWC Executive Director Ed Serna told The Dallas Express. “Continuing to build a skilled labor force is what Texas employers need to grow and prosper, and Texas continues to support policies and initiatives that support its workforce and help maintain Texas’ economic dominance.”
Still, even with record-setting job growth across the state, notices filed with TWC and reported on by The Dallas Morning News reveal that employers cut more than 16,000 Texas jobs year to date. However, the cuts are dwarfed by the 441,700 new positions added between July 2022 and July 2023.
While some Texas-based companies have had to make job cuts due to the current economic cycle, the Lone Star State appears to be remaining strong as far as employment numbers go.
TWC’s full letter can be viewed here.