Overall unemployment rate moved down to 7.1% with the biggest shift in Restaurants & Hotels, which gained 11,800 roles, based on the most recently available information published in June 2021.
Total employment in the Houston-The Woodlands-Sugar Land, TX market rose by 30,982 jobs in April and the unemployment rate decreased compared to the prior month by 90 bps to 7.1%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Houston-The Woodlands-Sugar Land, TX unemployment rate is 135 bps above the national rate which is a negative sign.
- Unemployment in the market is 690 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 2.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Transportation & Utilities: 622,400; -1,900
- Business Services: 492,200; +6,900
- Government: 416,800; +600
- Education & Healthcare: 397,400; +700
- Restaurants & Hotels: 304,200; +11,800
- Construction, Mining: 277,700; +100
- Manufacturing: 207,400; -1,100
- Financial Services: 162,600; -800
- Other Jobs: 109,700; +2,500
- IT & Development: 28,500; -100
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.