Texas added 18,500 jobs in February, according to seasonally adjusted and benchmarked payroll employment numbers released Friday by the Federal Reserve Bank of Dallas.
The state added a revised 20,400 jobs in January. Year-to-date annualized job growth stands at 1.9 percent compared to annual growth of 2.3 percent in 2018, according to a news release from the Dallas Fed.
The Texas Employment Forecast suggests jobs will grow 1.5 percent this year from December to December, with an 80 percent confidence band of 0.2 to 2.8 percent. Based on the forecast, 194,900 jobs will be added in the state this year, and employment in December 2019 will be 12.8 million.
“After an increase in uncertainty about the national and