US – Houston takes top spots in private-sector job growth

Houston remains a leader in short-term and long-term job growth, a recent analysis shows.

As part of an economic health index, the Business Journals’ On Numbers analyzed employment trends in all 102 metros with populations of at least 500,000.

Houston leads the nation by a wide margin for private-sector employment gains over the past five years. Between September 2007 and September 2012, Houston added 122,800 jobs. Austin was No. 2 nationwide, with 46,000 new jobs. San Antonio, Pittsburgh and Dallas-Fort Worth round out the top five.

When ranked by percent change, Houston’s 5.56 percent increase ranks No. 2 to Austin’s 7.58 percent jump. McAllen-Edinburg, El Paso and Oklahoma City take the next three spots.

Only 17 of the 102 metros posted job gains since 2007, before the recession.

Houston also was among the top markets for job growth over the past year. Although New York City added 143,000 jobs between September 2011 and September 2012, Houston ranked No. 2 with 97,800 new jobs. It also ranked No. 2 in terms of percent change, with a 4.38 percent increase. Stockton, Calif., had the largest percent increase, 4.54 percent.


Source: Business Journal


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