Overall unemployment rate moved down to 6.3% with the biggest shift in Government, which gained 700 roles, based on the most recently available information published in November 2022.
Total employment in the Beaumont-Port Arthur, TX market rose by 580 jobs in September and the unemployment rate decreased compared to the prior month by 80 bps to 6.3%. The national unemployment rate decreased by 47 bps over the same time to 3.3%.
- Beaumont-Port Arthur, TX unemployment rate is 298 bps above the national rate which is a negative sign.
- Unemployment in the market is 230 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 2.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Transportation & Utilities: 30,700; no change
- Government: 24,600; +700
- Education & Healthcare: 21,900; no change
- Manufacturing: 19,600; -400
- Construction, Mining: 18,300; +600
- Restaurants & Hotels: 15,900; -400
- Business Services: 14,800; +100
- Financial Services: 5,800; no change
- Other Jobs: 5,600; no change
Data is based on the most recent 12 months available, through September 2022 (Data published November 2022 and reports created on November 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.