{"id":27599,"date":"2025-07-22T02:49:08","date_gmt":"2025-07-22T02:49:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/27599\/"},"modified":"2025-07-22T02:49:08","modified_gmt":"2025-07-22T02:49:08","slug":"dallas-fed-texas-may-see-1-7-job-growth-in-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/27599\/","title":{"rendered":"Dallas Fed: Texas may see 1.7% job growth in 2025"},"content":{"rendered":"

Sign up for\u00a0TPR Today<\/a>, Texas Public Radio’s newsletter that brings our top stories to your inbox each morning.<\/p>\n

The Texas employment forecast released by the Federal Reserve Bank of Dallas this month reported job growth could be around 1.7% in 2025.<\/p>\n

That’s lower than June’s forecast of 2% job growth.<\/p>\n

The forecast is based on models that include projected national GDP, oil futures prices,\u202fand the Texas and U.S. leading indexes.<\/p>\n

\u201cEmployment fell in June for the first time in a year, with the state losing 15,500 jobs,\u201d said Jesus Ca\u00f1as, Dallas Fed senior business economist. <\/p>\n

TPR\u2019s journalism is free to read, but not free to produce. If you believe in independent, local journalism, help us\u00a0keep it going.<\/a><\/p>\n

June job declines hit many sectors, led by cuts in the oil and gas and professional business services sectors.<\/p>\n

“The only sectors that added jobs last month were information services, education and health, and government. Additionally, employment fell in all major Texas metros except for San Antonio.\u201d he added.<\/p>\n

The Dallas Fed estimated 244,600 jobs will be added in the state this year, and overall employment by December 2025 may number 14.5 million. \u202f\u202f\u202f\u202f<\/p>\n

The Texas unemployment rate decreased to 4% in June.\u202f\u202f\u202f\u202f\u202f<\/p>\n

Adrian Lopez, the CEO of Alamo Workforce Solutions, said the unemployment rate in San Antonio in June was at 3.8%, lower than the statewide average reported by the Dallas Fed.<\/p>\n

He also 23,000 new jobs have been added in the San Antonio area since last June. He named the job sectors doing the most hiring.<\/p>\n

“Everything from house services to trade, transportation, utilities, construction. manufacturing, leisure and hospitality, financial activities and then also in information,” Lopez said.<\/p>\n

He said federal job layoffs under the Trump Administration’s Department of Government Efficiency have yet to have a significant increase on local unemployment figures, but he said that may be because those targeted have yet to exhaust other benefits they are getting by on.<\/p>\n","protected":false},"excerpt":{"rendered":"Sign up for\u00a0TPR Today, Texas Public Radio’s newsletter that brings our top stories to your inbox each morning.…\n","protected":false},"author":2,"featured_media":27600,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[28,134],"class_list":{"0":"post-27599","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-business","9":"tag-jobs"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/27599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=27599"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/27599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/27600"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=27599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=27599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=27599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}