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Report: Greater Houston Job Growth Last Among Largest Metro Areas

The number of jobs in Greater Houston increased by less than half a percent in the past year.

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The Houston area added 13,400 jobs in the 12 months leading up to this past October – that's a 0.4 percent increase.

Compare that to the rest of the country, which posted a 1.6 percent increase.

Cheryl Abbot, regional economist for the Bureau of Labor Statistics in Dallas, said this marks the 12th straight month that Houston's year-over-year job growth is below 1 percent.

"And that's quite a bit different from the position Houston was in a couple of years ago when they frequently led in terms of job growth rate among the 12 largest areas," Abbot said.

Back then, Houston led in job growth in every super-sector.

Of course, this change is connected to the downturn in the oil and gas industry, which is directly responsible for about 8,400 lost jobs in the past year.

But there is a silver lining.

"The percentage decline in this October was 8.9 percent and that's the slowest rate of job loss since June of 2015," Abbot said.

Houston's education, health, hospitality and trade industries all experienced continued job growth and are outpacing the rest of the nation – although not at the rate they used to.

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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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