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Metro Houston created 24,600 jobs in February, according to the Texas Workforce Commission (TWC). February’s gains once again put Houston payroll employment above 3.4 million. It had briefly dipped in January due to seasonal factors. Since May ’20, the region has created over 586,300 jobs, more than Houston typically creates in a decade.
Over the last 25 years, Houston has averaged 22,000 jobs in the month of February. In go-go years, like ’21 and ’22, the region has gained between 30,000 and 45,000 jobs. In lean years, like ’02 and ’03, the gains have been between 10,000 and 15,000. This February’s gain suggests that after the ups and downs of the past four years job growth is returning to normal.
Prepared by Greater Houston Partnership Research
Patrick Jankowski, CERP
Chief Economist
Senior Vice President, Research
pjankowski@526494.com
Clara Richardson
Associate Analyst, Research
crichardson@526494.com
Metro Houston added 24,600 jobs in February '24
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