Overall unemployment rate moved down to 8.9% with the biggest shift in Education & Healthcare, which gained 2,100 roles, based on the most recently available information published in September 2021.
Total employment in the McAllen-Edinburg-Mission, TX market rose by 4,998 jobs in August and the unemployment rate decreased compared to the prior month by 100 bps to 8.9%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- McAllen-Edinburg-Mission, TX unemployment rate is 361 bps above the national rate which is a negative sign.
- Unemployment in the market is 170 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in August versus prior month by -0.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Education & Healthcare: 83,400; +2,100
- Government: 58,900; +700
- Transportation & Utilities: 52,600; +300
- Restaurants & Hotels: 26,000; -300
- Business Services: 18,200; +400
- Financial Services: 9,300; -100
- Construction, Mining: 7,100; -100
- Manufacturing: 6,200; -100
- Other Jobs: 5,400; no change
- IT & Development: 2,800; +100
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.