Overall unemployment rate moved up to 7.7% with the biggest shift in Transportation & Utilities, which gained 1,000 roles, based on the most recently available information published in December 2021.
Total employment in the McAllen-Edinburg-Mission, TX market rose by 2,693 jobs in November and the unemployment rate increased compared to the prior month by 10 bps to 7.7%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- McAllen-Edinburg-Mission, TX unemployment rate is 381 bps above the national rate which is a negative sign.
- Unemployment in the market is 300 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 3.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.0% . Key sectors include:
- Education & Healthcare: 84,500; +400
- Government: 63,500; +800
- Transportation & Utilities: 54,400; +1,000
- Restaurants & Hotels: 26,100; +100
- Business Services: 19,600; +300
- Financial Services: 9,400; no change
- Construction, Mining: 7,300; no change
- Manufacturing: 6,600; +100
- Other Jobs: 5,500; no change
- IT & Development: 2,800; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.