Overall unemployment rate moved up to 5.6% with the biggest shift in Government, which lost 900 roles, based on the most recently available information published in March 2021.
Total employment in the College Station-Bryan, TX market declined by 6,218 jobs in January and the unemployment rate increased compared to the prior month by 60 bps to 5.6%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- College Station-Bryan, TX unemployment rate is 121 bps below the national rate which is a positive sign.
- Unemployment in the market is 270 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in January versus prior month by 15.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.8%. Key sectors include:
- Government: 44,200; -900
- Transportation & Utilities: 16,700; -500
- Restaurants & Hotels: 13,300; -200
- Education & Healthcare: 12,100; no change
- Business Services: 9,900; -800
- Construction, Mining: 7,200; +400
- Manufacturing: 5,300; no change
- Financial Services: 3,700; no change
- Other Jobs: 2,900; -100
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.