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However, state economic experts say the unemployment rate is an indicator of Texas’s rapidly growing population and labor force. ... October 3, 2023 at 6:00 AM.
Economy of Texas. The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.636 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
The state has yet to return to its pre-pandemic unemployment rate of about 3.5%, even as it leads the country in new jobs created. However, state economic experts say the unemployment rate is an ...
The report said 12,500 jobs were added between August 2023 and last month, the second-lowest gain this year. ... Sep. 24—New Mexico's unemployment rate has reached its highest point this year ...
U.S. states by net employment rate (% of population 16 and over) 2022 [1] National ... Texas: 61.4 1.5 ... This page was last edited on 24 December 2023, ...
The current unemployment rate of 4.1 percent is still below the Fed’s estimates of the “natural” rate of unemployment (4.2 percent) ... In 2023, the most Americans since the early 2000s ...
The steady employment gains in recent months suggest a rough answer. The unemployment rate has been 7.9 percent, 7.8 percent and 7.8 percent for the past three months, while the labor force participation rate has been 63.8 percent, 63.6 percent and 63.6 percent. Meanwhile, job gains have averaged 151,000.