Oil, manufacturing propel turnaround on jobs
Oil and gas industry is a leader as more rigs return to duty
June 16, 2017
Texas posted another month of strong job growth in May, the Texas Workforce Commission reported Friday, led by oil and gas jobs that are rushing back as producers send rigs back to work.
The state added 14,800 positions last month, bringing the annual growth rate to 2.2 percent – a significant improvement from the 1.8 percent rate at which the state was growing at the end of 2016. Unemployment fell slightly to 4.4 percent, coming close to the national rate of 4.1 percent.
Oil and gas led job growth in May with 6,600 new jobs amid fears that labor shortages could…
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