Overall unemployment rate moved down to 3.7% with the biggest shift in Government, which gained 2,000 roles, based on the most recently available information published in December 2021.
Total employment in the College Station-Bryan, TX market rose by 2,151 jobs in October and the unemployment rate decreased compared to the prior month by 10 bps to 3.7%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- College Station-Bryan, TX unemployment rate is 56 bps below the national rate which is a positive sign.
- Unemployment in the market is 110 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in October versus prior month by 8.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.2% . Key sectors include:
- Government: 45,700; +2,000
- Transportation & Utilities: 16,800; no change
- Restaurants & Hotels: 14,600; +300
- Education & Healthcare: 12,200; no change
- Business Services: 10,900; +200
- Construction, Mining: 7,300; no change
- Manufacturing: 5,200; no change
- Financial Services: 3,800; +100
- Other Jobs: 3,100; no change
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.