Sunday , 25 September 2016
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Houston Gained 57,000 New Jobs in Last 12 Months

HOUSTON – Houston has gained 57,000 new jobs over the last 12 months, including 4,300 new jobs in June alone, the Texas Workforce Commission reported.

Although Houston has lost jobs in the manufacturing sector, where there have been layoffs for the blue-collar workers who produce drill bits and oilfield equipment, the unemployment rate is low.

The Houston area unemployment rate stands at 4.3 percent in June, an improvement from 5.3 percent a year ago, the commission reported.

Bill Gilmer of the University of Houston is predicting Houston will gain only 13,000 new jobs this year and the Greater Houston Partnership predicts only 20,000 to 30,000.

Realty News Report is projecting 50,000 new jobs will be created in Houston in 2015.

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