Monthly Update: Houston Metro Employment

June '24, Latest Data

Published on 7/22/24

The Partnership sends updates for the most important economic indicators each month. If you would like to opt-in to receive these updates, please click here.

Estimated Reading Time: 1 minute

Metro Houston created 6,500 jobs in June, according to the Texas Workforce Commission. Over the past 20 years, the month has seen anywhere from a loss of 2,500 jobs to a gain of 48,000, so determining what’s typical is difficult. If one excludes the five best and five worst Junes of the past two decades, growth for the month has ranged between 7,000 and 16,000 jobs. Last month’s job gains fell below that range, suggesting economic growth has slowed in the region.

Click to expand

In the 12 months ending June ’24, the region created 78,000 jobs. That’s down considerably from the 139,800 jobs created over the comparable period in ’23 and is another sign of slowing economic growth.

Click to expand

On a more positive note, payroll employment hit 3,460,900 in June, an all-time high for the region. Even as growth weakens, the region is on track to top 3.5 million payroll jobs by December and finish the year with a record number of jobs.

Click to expand