Texas employers added 40,000 jobs in September, more than doubling the number added the previous month when hiring slowed to its lowest rate since early 2021.
The new jobs also brought down the state’s unemployment rate slightly to 4%, a decline of 0.1 percentage points from the previous month, according to data released Friday by the Texas Workforce Commission.
“Growth slowed in August so we were concerned,” said Pia Orrenius, senior economist at the Federal Reserve Bank of Dallas. “We didn’t know if it was a one-off or the beginning of a more steep slowing phase. But it bounced back in September to a really healthy number.”
