Employment Update for Greater Houston Parntership

The Houston-The Woodlands-Sugar Land metro area created 10,700 jobs in June and
56,100 over the previous 12 months, according to data released today by the Texas
Workforce Commission. The monthly job gain was on par with the region’s 20-year
average of 11,000 jobs added for a June. The 12-month job growth was well above the
20-year average of 48,300 jobs. Houston’s total nonfarm payroll employment now stands
at 3,058,900, a new high for the metro.

Five sectors accounted for the bulk of the job gains over the past 12 months—
employment services, health care, local education, fabricated metal products, and
restaurants and bars.
Employment services, a subsector of professional and business services, added 16,000
jobs over the year, roughly one in every four new jobs in the region. The subsector
includes workers hired on a contract basis through a temporary help agency.
Employment in the subsector has trended up since November ’16 and now stands at
an all-time high.
Health care and social assistance added 12,600 jobs in the past 12 months, a robust
Ambulatory health care (i.e., non-hospital services) accounted for two-thirds of the
jobs created in the sector.
Local education (i.e., school districts) added 10,400 jobs. The sector continues to
benefit from healthy population growth and a surge in school construction in the
Fabricated metal products, which includes machine shops and structural metals, is
benefiting from the recent growth in the rig count. The sector added 6,600 jobs over
the past 12 months.
Houstonians continue to enjoy dining out. The sector added 6,100 jobs in the 12
months ending June ’17.
Job gains were somewhat offset by losses in oil and gas extraction (-5,300 jobs),
construction (-5,200 jobs), machinery manufacturing (-4,500 jobs), retail trade (-3,000 jobs), wholesale trade (-1,400 jobs) and minor losses in several other sectors.
Readers should be cautioned that the numbers reported today are subject to revision in
March of next year.
Houston’s June unemployment rate was 5.3 percent, up from 5.1 percent in May but
down from 5.6 percent in June ’16.

Texas’ unemployment rate was 4.7 percent in June,
up from 4.4 percent in May but down from 5.0 percent in June ’16.

The U.S. rate was 4.5 percent in June, up from 4.1 percent in May but down from 5.1 percent in June ’16. The rates are not seasonally adjusted.

Prepared by Greater Houston Partnership Research Department

Patrick Jankowski, CCR
Senior Vice President, Research

Jenny Philip
Director, Economic Research

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