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Construction jobs in San Antonio flourish

Monday, March 11th, 2013

While some industries are declining, construction jobs in San Antonio appear to be on the rise.

The Texas Labor Market Review reports that overall, employment in Texas expanded by an estimated 10,400 positions in January.

Eight of the 11 major industries showed employment increases over the month, led by rises of 8,900 jobs in Leisure and Hospitality and 6,800 positions in Trade, Transportation, and Utilities. Total Nonagricultural Employment ended the month at an estimated level of 11,035,100 jobs, which marked a new all-time record level for employment in Texas for the 15th straight month.

Annualized growth in the series remained above 300,000 for the fifth month
in a row with the addition of 310,900 positions over the year.

Construction employment increased for the sixth consecutive month with the addition of 2,500 jobs in January. The industry has experienced only
one month of job losses over the past year.

Over the past three months, construction employment has increased by 6,600 jobs, marking the industry’s highest level of growth during this time frame since January 2008. The industry added 28,500 positions over the year for its 19th consecutive month of annualized gains. The annualized growth rate for Construction has been at or above 4.0 percent for five straight months.

Mining and Logging employment expanded by 2,200 jobs in January
following a revised gain of 1,400 jobs in December. Since the beginning
of 2010, the industry has experienced only one month of job losses.

Over the past three months, the industry has grown by 3,900 jobs, less than halfof last year’s gain of 8,900 jobs over the same time frame. Over the past
year, Mining and Logging employment has added 19,700 jobs for a 7.6
percent annualized growth rate. The annual growth rate has slowed each
month for the past eight months and ended January at its lowest level
since July 2010.