Home » Economy » Texas breaks all-time record for total jobs, leads nation in job growth
Texas breaks all-time record for total jobs, leads nation in job growth
October job report validates Federal Reserve’s rate hike, path to combat inflation: Kenny Polcari
Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the release of the October job report and how it confirms the Federal Reserve’s plan to address inflation on ‘Varney & Co.’
Texas broke the record for total job gains and experienced the nation's fastest job growth over the past year through October, officials said last week.
The state added 49,500 nonfarm jobs last month, according to data from the Texas Workforce Commission.
"Texas continues to create jobs and set historic employment records each month thanks to our strong, growing workforce and continuing business confidence in Texas," Texas Gov. Greg Abbott said. "With 49,500 jobs added last month and another new record for total jobs, the Lone Star State shines as a beacon of opportunity. Despite national economic headwinds, Texas grew jobs at the fastest rate in the nation over the past 12 months. Working together in the months ahead, we will continue to expand economic opportunity for all Texans."
TEXAS MAN GETS 5 YEARS IN PRISON FOR MASSIVE PAYPAL CREDENTIALS SCAM