AUSTIN – Today, the U.S. Bureau of Labor Statistics released its monthly state jobs report for June 2019 showing that once again the most jobs were created in Texas.
Texas’ nonfarm payroll employment was up 45,000 in June and 315,600 over the year, edging out California which saw 296,100 more nonfarm jobs in the past 12 months.
The unemployment rate in Texas hit a record low of 3.4%. The national unemployment rate is 3.7%.
“Texas’ diverse economy benefits from its low taxes, relative to other states,” noted Chuck DeVore, Vice President of National Initiatives at the Texas Public Policy Foundation, “Since the federal tax cut and reform bill was signed in December 2017, Texas, and other low-tax states, have produced private-sector jobs at double the rate of their high-tax peers.”