Houston's 2007 job growth much higher than thought

Beaumonter · March 7th, 2008, 02:20 AM

March 6, 2008, 3:00PM
Houston's 2007 job growth much higher than thought
Revision of earlier estimate finds city added 100,000 positions last year

By L.M. SIXEL
Copyright 2008 Houston Chronicle

The final tally is in and the Houston economy is growing much faster than anyone realized.

It turns out that the local economy ended 2007 by creating 100,100 new jobs during the year, an increase of 4 percent, according to data released Thursday by the Texas Workforce Commission.

Earlier this year, the agency estimated the Houston area added 59,800 new jobs for the full year, a 2.4 percent increase.

Houston already was one of the top job-creating cities in the United States before the numbers were revised, said Cheryl Abbot, regional economist for the U.S. Bureau of Labor Statistics in Dallas.

Of the 12 largest metropolitan areas in the country, Houston was first in job growth in the previously released data. BLS won't release the nationwide revisions until next week, so it's unclear whether Houston's rank will change.

Once each year, the Texas Workforce Commission compares its employment estimates with payroll tax reports from companies to determine the number of people actually employed in the state. The agency's monthly employment reports are only estimates.

Developing story. Please check back later for more details.

Sielbeck · March 7th, 2008, 08:28 AM

Well done, Houston!

maceo9903 · March 18th, 2008, 05:07 AM

It sure is funny how little activity there is on a thread about Houston when it is positive.

Beaumonter · March 18th, 2008, 08:37 PM

Some people like to hear negatives rather than positives

Trae · March 18th, 2008, 10:21 PM

Quote:

Originally Posted by maceo9903

It sure is funny how little activity there is on a thread about Houston when it is positive.

Heh, more like Houston always leads the nation in job growths in some way. Same old same old (but a damn good thing)

.

March 7th, 2008, 02:20 AM	#1
Beaumonter Registered User Join Date: Jun 2006 Location: Beaumont, Texas Posts: 145 Likes (Received): 0	Houston's 2007 job growth much higher than thought March 6, 2008, 3:00PM Houston's 2007 job growth much higher than thought Revision of earlier estimate finds city added 100,000 positions last year By L.M. SIXEL Copyright 2008 Houston Chronicle The final tally is in and the Houston economy is growing much faster than anyone realized. It turns out that the local economy ended 2007 by creating 100,100 new jobs during the year, an increase of 4 percent, according to data released Thursday by the Texas Workforce Commission. Earlier this year, the agency estimated the Houston area added 59,800 new jobs for the full year, a 2.4 percent increase. Houston already was one of the top job-creating cities in the United States before the numbers were revised, said Cheryl Abbot, regional economist for the U.S. Bureau of Labor Statistics in Dallas. Of the 12 largest metropolitan areas in the country, Houston was first in job growth in the previously released data. BLS won't release the nationwide revisions until next week, so it's unclear whether Houston's rank will change. Once each year, the Texas Workforce Commission compares its employment estimates with payroll tax reports from companies to determine the number of people actually employed in the state. The agency's monthly employment reports are only estimates. Developing story. Please check back later for more details. __________________ Sam Houston State University, see how success Unfolds.

March 18th, 2008, 08:37 PM	#4
Beaumonter Registered User Join Date: Jun 2006 Location: Beaumont, Texas Posts: 145 Likes (Received): 0	Some people like to hear negatives rather than positives __________________ Sam Houston State University, see how success Unfolds.

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March 7th, 2008, 08:28 AM	#2
Sielbeck Willie Sielbeck Join Date: Jul 2006 Posts: 128 Likes (Received): 0	Well done, Houston!

March 18th, 2008, 05:07 AM	#3
maceo9903 Registered User Join Date: Apr 2006 Posts: 260 Likes (Received): 0	It sure is funny how little activity there is on a thread about Houston when it is positive.