Overall unemployment rate moved down to 8.0% with the biggest shift in Government, which gained 600 roles, based on the most recently available information published in November 2021.
Total employment in the Beaumont-Port Arthur, TX market rose by 1,404 jobs in September and the unemployment rate decreased compared to the prior month by 80 bps to 8.0%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Beaumont-Port Arthur, TX unemployment rate is 344 bps above the national rate which is a negative sign.
- Unemployment in the market is 390 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in September versus prior month by -5.1% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Transportation & Utilities: 31,600; +400
- Government: 24,800; +600
- Manufacturing: 21,400; +500
- Education & Healthcare: 20,800; -300
- Construction, Mining: 19,400; -200
- Restaurants & Hotels: 16,100; +200
- Business Services: 13,500; no change
- Financial Services: 5,600; no change
- Other Jobs: 5,200; no change
- IT & Development: 900; no change
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.