Texas is showcasing a stronger performance in the labor market when compared to the nation overall, according to a report by labor market analytics platform LaborIQ by ThinkWhy.
The “total annual voluntary quits rate” in Texas, at present, stands at 36.2 percent, which is higher than the national level of 33.8 percent, the most recent data from LaborIQ shows. Higher quit rates are a sign of employee confidence about getting another job—an indication of a strong economy.
The 2022 LaborIQ Market Index lists three Texas cities in the top 10, with Dallas-Fort Worth-Arlington at the top spot, Austin-Round Rock in the second, and Houston-The Woodlands-Sugar Land in the sixth….