Overall unemployment rate moved down to 5.7% with the biggest shift in Restaurants & Hotels, which gained 200 roles, based on the most recently available information published in June 2021.
Total employment in the Texarkana, TX-AR market rose by 569 jobs in April and the unemployment rate decreased compared to the prior month by 90 bps to 5.7%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Texarkana, TX-AR unemployment rate is 5 bps below the national rate which is a positive sign.
- Unemployment in the market is 760 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -2.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Government: 12,900; -200
- Transportation & Utilities: 12,600; no change
- Education & Healthcare: 9,000; no change
- Restaurants & Hotels: 6,700; +200
- Manufacturing: 5,500; -100
- Business Services: 4,100; no change
- Construction, Mining: 3,000; +100
- Financial Services: 2,200; no change
- Other Jobs: 1,900; no change
- IT & Development: 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.