Beacon Economics

Facebook Linkedin Twitter

Request a Proposal

August 16, 2024

Beacon Employment Report | Texas

Presented by Beacon Economics

Copyright © Beacon Economics LLC

blank

INDUSTRY OVERVIEW

blank

REGIONAL OVERVIEW

MAIN PAGE

  • The largest job losses occurred in the Administrative and Support sector, which shed 12,300 positions during July. Mining and Logging has seen the largest losses on a year-to-year basis, with payrolls down 4,800.
  • Manufacturing also lost some momentum in the latest numbers, with payrolls declining by 4,300. Not far behind was Management of Companies and Enterprises, which declined by 3,700. Compared to one year ago, payrolls were up 1.8% in Manufacturing but down 0.3% in Management of Companies and Enterprises.
  • Leisure and Hospitality also saw payrolls fall by 2,900. Minor job losses occurred in Health Care and Social Assistance, Transportation, Warehousing, and Utilities, and Information, which collectively amounted to 2,000 lost jobs.
  • Nine of Texas’s major industries saw positive job gains in the latest numbers. Government added more jobs in July than any other sector in the state’s economy, boosting payrolls by 4,200, a 0.2% increase month-over-month.
  • Closely behind was Wholesale Trade, which added 4,100 new jobs during July, a month-over-month increase of 0.6%, the largest percentage increase amongst Texas’s major industries for the month.
More
Information

For information about Beacon’s practice areas, please contact:

Managing Partner Sherif Hanna at 424.646.4656 or [email protected]

Contact Sherif Hanna

Thank you for your interest in our work!

Thank you for joining thousands of business and government leaders who use Beacon Economics’ analysis to inform their decision making.

To be added to our mailing lists, please provide the following information:

For a Meeting or a Proposal

Thank you for joining thousands of business and government leaders who use Beacon Economics’ analysis to inform their decision making.

Have questions about how Beacon Economics can help you? Email or call us, and we’ll be in touch promptly. We look forward to speaking with you soon!

To be contacted about Beacon's services, please provide the following information:
We will never share your information without your explicit permission. We use cookies on our site so you won’t need to resubmit your information when you visit again from the same device. Submitting this form will add you to Beacon Economics mailing lists. You can unsubscribe at any time.

For Speeches

Thank you for joining thousands of business and government leaders who use Beacon Economics’ analysis to inform their decision making.

Have questions about how Beacon Economics can help you? Email or call us, and we’ll be in touch promptly. We look forward to speaking with you soon!

To be contacted about Beacon's services, please provide the following information:
We will never share your information without your explicit permission. We use cookies on our site so you won’t need to resubmit your information when you visit again from the same device. Submitting this form will add you to Beacon Economics mailing lists. You can unsubscribe at any time.