AQUA BOOK 2015 - Page 7

EMPLOYMENT A s the shale oil boom began to unfold in 2011 and 2012, developments in the Eagle Ford region boosted employment in Corpus Christi more so than any other metro area in South Texas. With increasingly less slack in the local labor market, Corpus Christi’s job growth slowed down considerably during 2013. Meanwhile, other South Texas metro areas like Laredo and McAllen finally gained momentum in job creation. Between 2011 and 2014, only San Antonio and Corpus Christi matched the pace of job growth statewide. Nonfarm Employment (seasonally adjusted) ECONOMIC TRENDS Source: Federal Reserve Bank of Dallas. Annual Review of South Texas Economy 5