Overall unemployment rate moved down to 9.6% with the biggest shift in Construction, Mining, which gained 600 roles, based on the most recently available information published in June 2021.
Total employment in the Beaumont-Port Arthur, TX market rose by 1,670 jobs in May and the unemployment rate decreased compared to the prior month by 50 bps to 9.6%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Beaumont-Port Arthur, TX unemployment rate is 410 bps above the national rate which is a negative sign.
- Unemployment in the market is 680 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in May versus prior month by -2.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.0% . Key sectors include:
- Transportation & Utilities: 31,200; no change
- Government: 25,400; +100
- Education & Healthcare: 21,100; +300
- Manufacturing: 20,400; +300
- Construction, Mining: 19,500; +600
- Restaurants & Hotels: 15,600; +300
- Business Services: 13,300; 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 May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.