Texas has set a new benchmark for employment as it leads the nation in job creation, according to Governor Greg Abbott. In a recent address, Abbott hailed the state's economic triumph, attributing it to "pro-growth economic policies and our skilled and growing workforce," as reported by Office of the Texas Governor. He asserted that these policies are what make Texas a hub of innovation and a go-to destination for business investment.
Released by the U.S. Bureau of Labor Statistics along with the Texas Workforce Commission, the February 2025 data showcase significant milestones. With the labor force reaching an unprecedented count of 15,770,300 individuals, Texas has hit a historic high. Additionally, the state has recorded its highest number of working Texans, inclusive of those self-employed, mounting to 15,126,900. Nonfarm jobs have also peaked at 14,254,200, marking another record-setting figure for Texas after adding 20,100 jobs in February. Texas boasted an addition of 182,300 nonfarm jobs from February 2024 to February 2025, which stands as the most in the nation.
Abbott's celebration of Texas' economic standing was further bolstered by the announcement of new corporate moves to the state. Nasdaq, Inc. disclosed last week its plans to open a new regional headquarters in Dallas. In a similar vein of corporate relocations, the New York Stock Exchange revealed last month their decision to move their Chicago branch to Dallas. These developments come on the heels of the Governor's earlier revelation of launching the Texas Stock Exchange (TXSE), a new national stock exchange.
The Office of the Texas Governor, exuberant in his announcement, said, "Texas is where the future is building." He promised the people of Texas that the state would continue to capitalize on new opportunities and invest in its future. With more Texans working than ever before, Abbott contended that "the promise of the future is bright," as he looks to keep the positive momentum going, securing a "stronger, more prosperous Texas than ever before."
