Overall unemployment rate moved down to 5.6% with the biggest shift in Restaurants & Hotels, which gained 5,200 roles, based on the most recently available information published in June 2021.
Total employment in the San Antonio-New Braunfels, TX market rose by 8,864 jobs in April and the unemployment rate decreased compared to the prior month by 90 bps to 5.6%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- San Antonio-New Braunfels, TX unemployment rate is 15 bps below the national rate which is a positive sign.
- Unemployment in the market is 750 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 0.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Transportation & Utilities: 186,500; +800
- Government: 175,900; +500
- Education & Healthcare: 159,300; -2,300
- Business Services: 156,400; +100
- Restaurants & Hotels: 121,500; +5,200
- Financial Services: 93,800; +100
- Construction, Mining: 63,200; -100
- Manufacturing: 51,700; -500
- Other Jobs: 35,300; +200
- IT & Development: 18,200; no change
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.