Overall unemployment rate moved up to 6.4% with the biggest shift in Restaurants & Hotels, which gained 200 roles, based on the most recently available information published in July 2021.
Total employment in the Texarkana, TX-AR market declined by 60 jobs in June and the unemployment rate increased compared to the prior month by 70 bps to 6.4%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Texarkana, TX-AR unemployment rate is 31 bps above the national rate which is a negative sign.
- Unemployment in the market is 280 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in June versus prior month by -1.1% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Government: 13,000; -200
- Transportation & Utilities: 12,600; no change
- Education & Healthcare: 9,200; no change
- Restaurants & Hotels: 6,900; +200
- Manufacturing: 5,600; no change
- Business Services: 4,100; no change
- Construction, Mining: 3,000; no change
- Financial Services: 2,200; no change
- Other Jobs: 2,000; +100
- IT & Development: 200; no change
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.