Houston Area Added 82,000 Jobs In 2013
by: Andrew Schneider, January 27, 2014 5:01:00 pm
Greater Houston added 82,000 new jobs in 2013. That’s a slight slowdown from the previous year. Patrick Jankowski is vice president of research for the Greater Houston Partnership.
“In 2012, we actually created 105,700 [new jobs]. That was phenomenal growth. We can’t expect to repeat that every year, but 82,000 jobs is still above the long-term trend. That’s a 3% growth rate, and long term we average about 2.2%, so we’re still doing fairly well.”
Dallas-Fort Worth came in at number two, adding roughly 67,000 jobs. Austin ranked third, with nearly 24,000.
Houston’s unemployment rate fell to 5.5% in December. That was the lowest level since December 2008, the month before Houston entered the Great Recession.