Overall unemployment rate moved down to 10.8% with the biggest shift in Construction, Mining, which gained 1,400 roles, based on the most recently available information published in April 2021.
Total employment in the Beaumont-Port Arthur, TX market rose by 1,932 jobs in March and the unemployment rate decreased compared to the prior month by 100 bps to 10.8%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- Beaumont-Port Arthur, TX unemployment rate is 462 bps above the national rate which is a negative sign.
- Unemployment in the market is 280 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in March versus prior month by 0.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.7% . Key sectors include:
- Transportation & Utilities: 31,200; +300
- Government: 25,300; +100
- Education & Healthcare: 20,800; -100
- Manufacturing: 19,900; +400
- Construction, Mining: 19,000; +1,400
- Restaurants & Hotels: 15,200; +400
- Business Services: 13,400; +200
- Financial Services: 5,700; no change
- Other Jobs: 5,100; -100
- IT & Development: 900; no change
Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.