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BUSINESSSA Express-News·1d ago

Texas job growth slows; San Antonio loses workers while Austin gains

Photo · SA Express-News
AI TLDR · GEMINI

Texas job growth slowed in August, though the state still outperformed the national average. While Austin saw gains, San Antonio experienced a loss of workers.

The pace of Texas job growth is slowing but continues to top the national average. State and U.S. data show Texas employers added 5,600 nonfarm jobs in August, pushing the state’s growth rate about 1% for the year. That topped the nationwide average growth rate by about one-half of a percentage point. So far this year, 159,400 jobs have been added statewide. The statewide unemployment rate was 4.4% on a seasonally adjusted basis. Though the state is still adding jobs, the Federal Reserve Bank…

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