Overall unemployment rate moved down to 4.5% with the biggest shift in Government, which gained 1,000 roles, based on the most recently available information published in June 2021.
Total employment in the College Station-Bryan, TX market rose by 1,015 jobs in May and the unemployment rate decreased compared to the prior month by 20 bps to 4.5%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- College Station-Bryan, TX unemployment rate is 100 bps below the national rate which is a positive sign.
- Unemployment in the market is 370 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 11% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:
- Government: 45,600; +1,000
- Transportation & Utilities: 16,600; -100
- Restaurants & Hotels: 13,800; +100
- Education & Healthcare: 12,000; +100
- Business Services: 10,400; no change
- Construction, Mining: 7,300; no change
- Manufacturing: 5,200; no change
- Financial Services: 3,700; 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 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.