Texas added 34,400 nonfarm jobs in May as the economic recovery continued at a choppy pace, and the state’s unemployment rate ticked down to 6.5%, the Texas Workforce Commission reported on Friday.
Job gains in May were more than double the hiring in April, but the percentage increase in Texas was smaller than what the U.S. reported for the same month. Texas’ job numbers in May were also far short of the 109,700 employees added in March.
“The bounce we saw in March has not been sustained, and we’re on a slower job growth trajectory than we had hoped,” said Pia Orrenius, senior economist at the Federal Reserve Bank of Dallas. “We’re finally just coming to the realization that we may not get back all our lost jobs this year, which is a disappointment.
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