Overall unemployment rate moved down to 8.0% with the biggest shift in Restaurants & Hotels, which gained 12,000 roles, based on the most recently available information published in April 2021.
Total employment in the Houston-The Woodlands-Sugar Land, TX market rose by 30,333 jobs in March and the unemployment rate decreased compared to the prior month by 40 bps to 8.0%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- Houston-The Woodlands-Sugar Land, TX unemployment rate is 182 bps above the national rate which is a negative sign.
- Unemployment in the market is 250 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in March versus prior month by 2.9% and are down 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:
- Transportation & Utilities: 624,700; +3,200
- Business Services: 486,700; +9,400
- Government: 416,000; -2,200
- Education & Healthcare: 397,500; +2,400
- Restaurants & Hotels: 295,200; +12,000
- Construction, Mining: 274,700; +7,000
- Manufacturing: 207,500; -500
- Financial Services: 162,600; +500
- Other Jobs: 105,700; +2,500
- IT & Development: 28,600; -100
Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.