Overall unemployment rate moved up to 6.8% with the biggest shift in Education & Healthcare, which gained 3,200 roles, based on the most recently available information published in April 2021.
Total employment in the San Antonio-New Braunfels, TX market rose by 1,718 jobs in February and the unemployment rate increased compared to the prior month by 20 bps to 6.8%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- San Antonio-New Braunfels, TX unemployment rate is 25 bps above the national rate which is a negative sign.
- Unemployment in the market is 370 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 2.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Transportation & Utilities: 185,900; +2,400
- Government: 171,800; +400
- Education & Healthcare: 163,600; +3,200
- Business Services: 153,500; -500
- Restaurants & Hotels: 112,900; +200
- Financial Services: 93,900; -300
- Construction, Mining: 60,700; -200
- Manufacturing: 51,700; +700
- Other Jobs: 34,600; +400
- IT & Development: 18,100; 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.