Business

Houston Enjoys Positive Jobs Report, Including For Oil And Gas

Amidst continuing oil slump, Greater Houston creates 500 net jobs.

Texas added 16,600 nonfarm jobs in August – jobs that are not in government, private households, nonprofits or farms (the seasonally adjusted number is 21,400).

That’s according to a monthly report by the Texas Workforce Commission.

At the same time Greater Houston added 500 net jobs.

That may seem fairly meager,” Patrick Jankowski, a regional economist with the Greater Houston Partnership, said. “But when you’re looking at months where we lost several thousand jobs, the creation of 500 jobs is actually something to be pretty happy about.”

He credits in part a growing number of jobs in retail trade as well as education and healthcare.

The Texas Workforce Commission also estimates Greater Houston created 1,200 jobs in mining and logging, which mostly refers to oil and gas jobs.

Jankowski thinks that number is too high and may come from the agency adjusting the number of job cuts it estimated earlier in the year.

Still, he said, it seems the worst is over for the oil and gas industry.

“We may have a month or two where we see job losses,” he said. “But we’re not going to see job losses of the magnitude we were seeing when we were seeing losses of 1,500 and 2,000 jobs in the oil and gas industry every month during the worst part of the downturn.”

The unemployment rate in the Houston area was 5.8 percent in August, still above that of Texas and the United States, which both stood at 5 percent.

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Florian Martin

Florian Martin

Business Reporter

Florian Martin is currently the News 88.7 business reporter. Florian’s stories can frequently be heard on other public radio stations throughout Texas and on NPR nationwide. Some of them have earned him awards from Texas AP Broadcasters, the Houston Press Club, National Association of Real Estate Editors, and Public Radio...

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