In a display of economic might, Texas has outshone all other states in job creation over the course of 2023, according to new figures released by the Bureau of Labor Statistics (BLS). With a staggering addition of 369,600 nonfarm jobs from December 2022 to December 2023, the Lone Star State has firmly positioned itself at the forefront of the nation's employment growth, Governor Greg Abbott announced.
Gov. Abbott, bathing in the glow of the state's economic success, touted Texas' robust job market in an official statement. "Texas truly is America’s jobs engine, adding more jobs in 2023 than any other state," Abbott declared. He also noted the record-breaking nature of the current job market, stating that "More Texans are working today than ever before in our state’s history as we lead the nation in job creation and break record after record for total employment." The Texan pride swelled as the governor highlighted that more Texans were employed than "46 states have residents."
This employment boon in Texas aligns with Abbott's Friday announcement, where he boasted of the state's superior annual job growth rate compared to the national average. Further embellishing the state's economic credentials, he pointed out the sustained momentum with December marking 34 months of uninterrupted job growth in Texas. These figures mirror a broader narrative of growth and resilience that have become a central theme in Texas' economy.
The Governor credited multiple factors for this growth, including a range of industries investing within the state, a youthful and expanding workforce, and strategic spending in areas like education, workforce development, and infrastructure. As Texans welcome the new year, these factors are expected to lay a solid foundation for continued prosperity. According to the Governor's statement, Texas begins the new year on firm footing, cementing its role as an economic titan in not just the American South, but the nation as a whole.
