More jobs, but not as many.
A report released Friday shows Texas lost 8,000 jobs to automation in 2016, an increase of 10% over the previous year, and an 11% increase from 2015.
It also reported that Texas’ total employment has grown by just over 100,000 over the past four years.
And that’s despite the fact that the economy has been expanding at a much faster rate than the state’s overall population, the report found.
That means Texas’ workforce is more evenly distributed across its population than it has been in decades.
“The trend is very consistent,” said Mark DiNardo, the chief economist at the University of Texas-Austin.
“We have seen a reduction in the share of workers in Texas with some of the highest job-quality ratings.”
The data, released by the state Employment Development Department, comes amid growing concerns about the effects of automation on the workforce and the broader economy.
“What’s happened in Texas is a very significant shift from the 1980s and 1990s,” said John Burt, a senior vice president at the National Association of Manufacturers.
“And this is something that’s going to have implications on everything from the cost of labor to the supply chain to the environment.”
The state’s jobless rate fell to 6.7% in January, the lowest level since 2006.
Burt said it’s also possible the unemployment rate may not be low enough to matter.
“It’s very hard to tell with the unemployment, if it’s low enough, if there are enough people out there that they’re not going to be affected by it,” he said.
Burch said automation will also have an impact on the labor force in a number of ways, as it makes it harder to fill jobs.
“When you reduce the workforce, you reduce wages,” he added.
“But that’s an issue that’s not going away.”
The report says that the jobless job gap has been growing in Texas for years.
The state has had an unemployment rate of 10.6% in the past five years.
But the report shows the unemployment gap has shrunk to 5.7%, the lowest since the recession hit.
The unemployment rate for new hires, who are the group most likely to find work, has dropped to 6% from 7.3% over that same time period.
That makes Texas the only state in the country where the unemployment for new jobs has fallen over the same period.
The report also shows that the state has been adding jobs at a slower rate than many other states.
The number of people in the workforce increased in 2016 at a rate of 1.5% annually, but the unemployment level dropped to 7.1% from 8.5%.
The report found Texas is now home to the sixth-fastest growing job market in the nation.
It was the ninth-fastiest in the United States in 2016.
That is likely because of the economic crisis, which has had a negative effect on jobs.
But it’s possible that other factors are also at play, such as the continued increase in manufacturing.
The job market is also changing quickly, with the number of full-time workers nearly halving in the last three years, according to the report.
“Texas continues to lead the nation in the growth of the job market,” said DiNardi.
“That’s going away very rapidly.”
The unemployment figures came just as Texas began looking to make a broader push for more skilled workers.
The new report finds that Texas was the second-fasthest growing state in a new list of 10 states with the highest percentage of college graduates.
But that growth rate was still lower than the national average.
And Texas is also the only place in the U.S. where less than half of all jobs are filled by graduates.
The U.K., Canada and New Zealand all have more college graduates than Texas, the new report found, but also have higher unemployment rates.
The economic crisis has affected the education system in other ways.
The country’s unemployment rate is still higher than most other countries, but a higher share of the population is attending college, which means fewer jobs for people with less education.
And the share who are in school has fallen as well.
“There are a lot of things that are going on, but there are also a lot more jobs than before,” Burt noted.
Texas is one of the fastest-growing states in the world, and that’s partly because of its relatively strong economy.
But Burt says that will not last forever.
“You’re going to see a lot less jobs and fewer people are going to college,” he predicted.
“People are going into the workforce.”