Understanding Houston's Record-Breaking Job Numbers

Greater Houston added 43,200 jobs in October, according to Workforce Solutions. That is more than any single month on record.

But don't go calling it a boom.

The number comes just a month after the area lost 16,000 jobs in the wake of Hurricane Harvey. Patrick Jankowski, a regional economist with the Greater Houston Partnership, said Houston's job numbers are a bounce back after the storm, not a sign of boom times returning.

"We are where we should have been had we not had the hurricane,” Jankowski said.

The record-setting growth reflects the after-effects of Hurricane Harvey plus an expected post-summer improvement, not a surge in economic activity, the Greater Houston Partnership said in its most recent report. 

July lost 19,500 jobs, primarily in local school districts as educators rolled off school payrolls in the summer months. August’s and September’s cuts, 12,100 and 11,200, respectively, occurred primarily in food services and drinking places, retail and construction, as Houstonians stayed home during Hurricane Harvey and construction workers stayed off the job site.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

Texas Flips Blue, Putting Data Center Boom On Notice

Democrats Win Congress As America's Data Center Backlash Hits The Ballot Box

2.7M SF Campus Trades In Houston's Largest Industrial Sale

Piedmont Realty Exiting Houston Market With Office Dispositions

Nord Group's Lawyer Moves To Quit, Says Entities Can't Pay Him

What's At Stake For CRE In Tuesday's U.S. Midterm

UK Budget Risks Deterring Sovereign Wealth Funds From Real Estate

Credit Union Breaks Ground On New HQ Building: The Houston Deal Sheet

EXCLUSIVE: Downtown Houston+ Targets Grocery Gap, Pedestrian Experience With New Programs

Houston's Office Woes Are Getting Too Expensive To Fix

Welcome Group Starts Pearland Industrial: The Houston Deal Sheet

Walker & Dunlop Execs On Dealmaking Volatility, Data Center Risks, Housing