Overall unemployment rate moved down to 9.8% with the biggest shift in Government, which lost 1,000 roles, based on the most recently available information published in September 2021.
Total employment in the Beaumont-Port Arthur, TX market rose by 855 jobs in July and the unemployment rate decreased compared to the prior month by 80 bps to 9.8%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Beaumont-Port Arthur, TX unemployment rate is 414 bps above the national rate which is a negative sign.
- Unemployment in the market is 400 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in July versus prior month by -2.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.8%. Key sectors include:
- Transportation & Utilities: 31,100; -100
- Government: 24,100; -1,000
- Education & Healthcare: 21,000; +200
- Manufacturing: 20,600; -200
- Construction, Mining: 18,800; -400
- Restaurants & Hotels: 16,300; +200
- Business Services: 13,500; no change
- Financial Services: 5,700; no change
- Other Jobs: 5,200; no change
- IT & Development: 900; no change
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.