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Texas Jobs Drop, Yet Houston Surges Past Pre-Pandemic Levels

1/26/2025

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Summary

Story summary

Texas saw a decrease in upstream employment, totaling 195,500 jobs in December, down 700 from November.
Governor Abbott reported over 2.5 million jobs added since 2015, marking record highs in total jobs and labor force.
Houston surpassed pre-pandemic levels by adding 57,800 jobs in 2024.
The oil and gas sector had 9,012 active job postings in December, offering a median salary of $60,300.

History

Historical Context

Texas's job market reflects a historical recovery from the 2007–2009 recession, which peaked unemployment at 10%. Since 2015, job growth surged, echoing post-recession trends. The oil and gas sector's resurgence mirrors past cycles, emphasizing the industry's cyclical nature amid economic fluctuations.

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Story summary

Texas saw a decrease in upstream employment, totaling 195,500 jobs in December, down 700 from November.
Governor Abbott reported over 2.5 million jobs added since 2015, marking record highs in total jobs and labor force.
Houston surpassed pre-pandemic levels by adding 57,800 jobs in 2024.
The oil and gas sector had 9,012 active job postings in December, offering a median salary of $60,300.

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