Texas Jobs Boom Sputters on Immigrant Crackdown, Dallas Fed Says

Workers sort and weigh shrimp at a shrimp farm in Palacios, Texas.

Photographer: Sergio Flores/Bloomberg

Job growth in Texas was almost flat last year as migration to the state plunged and oil prices lagged.

Employers in the state added a mere 10,700 jobs in 2025, according to new data published by the Federal Reserve Bank of Dallas. The 0.1% increase is the state’s weakest since 2020 and reminiscent of the employment decline following the dot-com bust, said Pia Orrenius, a labor economist at the bank.