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Old March 7th, 2008, 02:20 AM   #1
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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.
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Old March 7th, 2008, 08:28 AM   #2
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Well done, Houston!
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Old March 18th, 2008, 05:07 AM   #3
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It sure is funny how little activity there is on a thread about Houston when it is positive.
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Old March 18th, 2008, 08:37 PM   #4
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Some people like to hear negatives rather than positives
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Old March 18th, 2008, 10:21 PM   #5
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Quote:
Originally Posted by maceo9903 View Post
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) .
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