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Monthly Update: Employment

May '19
Published on 6/21/19
Monthly Update: Employment

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Metro Houston created 79,800 jobs, a 2.6 percent increase, in the 12 months ending May ’19, according to the Texas Workforce Commission (TWC). Employment now stands at 3,163,600, the highest point on record. At the current pace of growth, the region should top 3.2 million jobs by year’s end.

Of note from today’s report:

  • The sectors adding the most jobs over the past 12 months were professional, scientific, and technical services (18,000); durable goods manufacturing (13,300); health care (9,100); and other services (6,800).
  • Employment decreased in a few sectors, the greatest losses occurring in retail (-6,100); employment services (-2,400) and information (-1,100). 
  • The metro area created 12,100 jobs in May, in line with the 30-year average of 12,500 jobs typical for the month. If the remainder of the year follows historic patterns, the region should end the year with a net gain of 68,000 jobs.

Employment May

Houston's unemployment rate was 3.2 percent in May, unchanged from April. That remains the second lowest on record, the lowest being 3.1 percent in April ’81. Houston’s unemployment rate is below that of the nation (3.4 percent) but above that of Texas (2.9 percent). The rates are not seasonally adjusted.

Unemployment May

Patrick Jankowski, CERP
Senior Vice President, Research

Employment Key Economic Indicators
79,800 jobs

Metro Houston created 79,800 jobs since May '18

Executive Partners