Texas achieves record job growth over past year and leads the nation in employment creation
Austin, Texas – Texas has solidified its reputation as an economic powerhouse, with Governor Greg Abbott celebrating the state’s position as the national leader in job creation over the past 12 months. According to the latest employment data from the U.S. Bureau of Labor Statistics (BLS), Texas added 274,600 nonfarm jobs from October 2023 to October 2024, far surpassing other states.
Texas as the Hub for Economic Growth
“Texas is where the future of America is building,” stated Governor Abbott, emphasizing the state’s unparalleled business climate and workforce development. “With the best business climate in the nation and a skilled and growing workforce, Texas is where innovative entrepreneurs and businesses find the freedom and tools needed to succeed. As a result, more Texans are working than ever before.”
Under Governor Abbott’s leadership, Texas has not only created more jobs but also broken records for employment and labor force participation. The latest data reveals that more Texans are working now than at any point in the state’s history. Texas has added more than 2.4 million jobs since Governor Abbott took office, a testament to the state’s resilient economy.
Outpacing National Growth Rates
The October 2024 employment data shows that Texas’s annual job growth rate once again exceeded the national average, highlighting the state’s capacity to create opportunities even amid challenges. Governor Abbott pointed out that the success is rooted in Texas’s investments in education and skills training, which continue to strengthen the state’s workforce and build pathways for future growth.
Governor Abbott’s focus remains on fostering an environment where businesses can thrive, creating more opportunities for Texas families. “With continuing investments in education and skills training, we continue to build a bigger, better Texas for all,” he said.
Texas’s leadership in job creation underscores the state’s commitment to economic prosperity, ensuring that it remains a destination for businesses and workers alike.
