Overall unemployment rate moved down to 8.8% with the biggest shift in Construction, Mining, which gained 800 roles, based on the most recently available information published in September 2021.
Total employment in the Beaumont-Port Arthur, TX market rose by 1,484 jobs in August and the unemployment rate decreased compared to the prior month by 110 bps to 8.8%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Beaumont-Port Arthur, TX unemployment rate is 351 bps above the national rate which is a negative sign.
- Unemployment in the market is 130 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in August versus prior month by -1.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 31,100; no change
- Government: 24,200; +100
- Education & Healthcare: 21,100; +200
- Manufacturing: 20,700; no change
- Construction, Mining: 19,600; +800
- Restaurants & Hotels: 15,800; -300
- Business Services: 13,400; -100
- Financial Services: 5,600; no change
- Other Jobs: 5,200; +100
- IT & Development: 900; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.