Overall unemployment rate moved down to 3.5% with the biggest shift in Government, which gained 700 roles, based on the most recently available information published in December 2021.
Total employment in the College Station-Bryan, TX market rose by 1,489 jobs in November and the unemployment rate decreased compared to the prior month by 20 bps to 3.5%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- College Station-Bryan, TX unemployment rate is 39 bps below the national rate which is a positive sign.
- Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 6.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Government: 46,700; +700
- Transportation & Utilities: 17,300; +400
- Restaurants & Hotels: 14,700; +200
- Education & Healthcare: 12,500; +100
- Business Services: 10,900; no change
- Construction, Mining: 7,300; no change
- Manufacturing: 5,300; +100
- 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 November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.