TWC Labor Market Information Projected two-year number and percent change are just some of the statistics that the Projections team in the Labor Market Information department produces for the Short-Term Projections annual release. The published numbers contain Industry and Occupational data for the state of Texas as well as all 28 Workforce Development Areas. Occupational data includes percent change, number change, annual openings, and education data. The team also releases the occupational components of any given industry, referred to as “Staffing Patterns,” illustrating what percentage various occupations make up in an industry as well as how those occupations are expected to grow. The Short-Term Projections are released and updated annually. For more information, contact lmci.users@twc.texas.gov or visit www.TexasLMI.com. Short Term Projections: 2023-2025 Release by Robert Sparkman and Chase Winters Texas is projected to add over 688,000 jobs from 2023 to 2025, according to the latest Short-Term Projections released on TexasLMI.com. Total statewide employment is expected to grow over 4.5 percent during this time period. The industry sector that will add the most jobs from 2023 to 2025 is Health Care and Social Assistance, with an estimated growth of over 109,000 jobs. The chart below shows the top ten industry sectors by 2-digit NAICS code projected to add the most jobs by 2025 alongside each sector’s projected percentage change. "The industry sector that will add the most jobs . . . is Health Care and Social Assistance, with an estimated growth of over 109,000 jobs." NAICS Title 0K 50K 100K Number Change 2023 - 2025 0 2 4 6 8 10 Percent Change 2023 - 2025 Health care and social assistance Professional, scientific, and technical services Construction Accommodation and food services Retail trade Educational services Admin. & support & waste mgmt. & remediation services Finance and insurance Transportation and warehousing Manufacturing 109,325 88,976 61,867 45,333 40,851 38,313 34,741 31,728 29,960 26,329 6.25 8.63 7.55 3.40 2.95 2.89 3.86 4.92 4.45 2.76 Projected Number Change by Industry Sector 2023 - 2025 2023-2025 Projected Change by Industry Sector NAICS Title Number Change Percent Change 0K 50K 100K 0 2 4 6 8 10 UNDERSTANDING THE ECONOMY Data in Context DEALERS’ CHOICE 44
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