Texas job creation among best in nation

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Austin-area employers grew the region's workforce by 3.7 percent, according to the latest numbers, with the addition of more than 31,960 jobs bringing the total number of jobs in the region to more than 892,860.

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Michael Theis

Digital Editor- Austin Business Journal

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Texas has the third-best job creation rate in the nation so far in 2014, according to the latest figures from W.P. Carey School of Business at Arizona State University.

The study, part of the school's Job Growth USA employment tracking initiative, found that Texas has boosted its number of jobs by 3.2 percent in 2014, adding more than 362,610 new posts in that time and leaving the state with a total of 11.4 million jobs.

Topping the state list — which was ranked by percentage growth and not the raw number of jobs added — was North Dakota, which grew its jobs by 4.5 percent with the addition of more than 20,000 jobs so far in 2014, bringing the total number of jobs in that state to more than 460,480.

Locally, the Austin area ranked No. 14 so far this year in job growth among cities with less than 1 million jobs. Austin-area employers grew the region's workforce by 3.7 percent, according to the latest numbers. About 31,960 jobs were added, bringing the total number of jobs in the region to more than 892,860.

Dallas and Houston also ranked high in the study. The Houston area has had the second-fastest job growth rate so far this year — 3.5 percent — among regions with more than 1 million jobs, while Dallas had the third-fastest growing job rate — 3.4 percent — in that category.

Michael Theis is the Austin Business Journal's digital editor.