The Dallas Fed's Texas Employment Forecast shows job growth slowed as Texas lost 18,900 jobs in September while 15,800 people joined the workforce. Year-to-date job growth stood at 0.8 percent, well below the state's long-running average of 2 percent, with government and construction posting the largest declines and manufacturing a bright spot linked to oil and gas and AI. The Dallas Fed lowered its 2026 forecast to 0.9 percent growth, while the unemployment rate held at 4.4%. Governor Greg Abbott pointed to 154,300 non-farm jobs added over the past year, 0.8 percentage points above the national rate.
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Related tickers and likely impact
DXY
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/21/2026 | 101.70 |
| Change that session | 0.00% |
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 10/21/2026 | 4,141.17 |
| Change that session | +0.39% |
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