Overall unemployment rate moved up to 12.0% with the biggest shift in Education & Healthcare, which gained 500 roles, based on the most recently available information published in April 2021.
Total employment in the McAllen-Edinburg-Mission, TX market rose by 252 jobs in February and the unemployment rate increased compared to the prior month by 10 bps to 12.0%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- McAllen-Edinburg-Mission, TX unemployment rate is 545 bps above the national rate which is a negative sign.
- Unemployment in the market is 530 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in February versus prior month by -1.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Education & Healthcare: 80,100; +500
- Government: 59,900; +400
- Transportation & Utilities: 51,700; -300
- Restaurants & Hotels: 23,600; +100
- Business Services: 18,100; no change
- Financial Services: 9,100; +200
- Construction, Mining: 7,200; no change
- Manufacturing: 6,800; no change
- Other Jobs: 5,100; no change
- IT & Development: 2,700; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.