Texas job growth faces ‘headwind’ in 2015 because of oil’s decline

Texas job growth faces 'headwind' in 2015 because of oil's declineLast year, the number of jobs in Texas significantly increased compare to other past years. As a matter of fact, Workforce Commissioner Hope Andrade encouraged jobseekers to move to Texas in 2014.

This 2014, researchers of Federal Reserve Bank claimed that the job growth in the Lone Star state will still continue to boost but in a slower pace. From 3.6% growth last year, the job rate will decline to 2.5% as caused by the slump in oil prices.

Despite the change in the job growth of Texas this year, jobseekers will be expecting about 235,000 to 295,000 job opportunities.

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