Overall unemployment rate moved down to 6.6% with the biggest shift in Construction, Mining, which gained 200 roles, based on the most recently available information published in April 2022.
Total employment in the Beaumont-Port Arthur, TX market rose by 1,117 jobs in March and the unemployment rate decreased compared to the prior month by 140 bps to 6.6%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Beaumont-Port Arthur, TX unemployment rate is 285 bps above the national rate which is a negative sign.
- Unemployment in the market is 350 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in March versus prior month by -3.7% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Transportation & Utilities: 30,800; +200
- Government: 25,200; +100
- Education & Healthcare: 21,400; no change
- Manufacturing: 19,500; +200
- Construction, Mining: 16,600; +200
- Restaurants & Hotels: 16,000; no change
- Business Services: 14,400; -200
- Financial Services: 5,800; no change
- Other Jobs: 5,400; no change
- IT & Development: 900; no change
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.