Overall unemployment rate moved up to 6.0% with the biggest shift in Business Services, which gained 3,600 roles, based on the most recently available information published in July 2021.
Total employment in the San Antonio-New Braunfels, TX market declined by 1,354 jobs in June and the unemployment rate increased compared to the prior month by 70 bps to 6.0%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- San Antonio-New Braunfels, TX unemployment rate is 9 bps below the national rate which is a positive sign.
- Unemployment in the market is 390 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 3.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Transportation & Utilities: 185,300; -700
- Government: 175,700; -2,900
- Education & Healthcare: 162,000; +900
- Business Services: 158,200; +3,600
- Restaurants & Hotels: 125,600; +1,700
- Financial Services: 94,700; +2,200
- Construction, Mining: 63,300; +300
- Manufacturing: 51,800; +900
- Other Jobs: 37,000; +1,000
- IT & Development: 18,300; +100
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.