Overall unemployment rate moved down to 3.2% with the biggest shift in Government, which lost 1,600 roles, based on the most recently available information published in February 2022.
Total employment in the College Station-Bryan, TX market declined by 1,632 jobs in December and the unemployment rate decreased compared to the prior month by 30 bps to 3.2%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- College Station-Bryan, TX unemployment rate is 49 bps below the national rate which is a positive sign.
- Unemployment in the market is 170 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in December versus prior month by 6.3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.2%. Key sectors include:
- Government: 45,100; -1,600
- Transportation & Utilities: 17,500; +200
- Restaurants & Hotels: 14,500; -400
- Education & Healthcare: 12,600; +100
- Business Services: 11,200; +300
- Construction, Mining: 7,200; -100
- Manufacturing: 5,300; no change
- Financial Services: 3,800; no change
- Other Jobs: 3,100; no change
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through December 2021 (Data published February 2022 and reports created on February 4, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.