Overall unemployment rate moved down to 2.7% with the biggest shift in Government, which lost 2,000 roles, based on the most recently available information published in June 2022.
Total employment in the College Station-Bryan, TX market declined by 2,370 jobs in April and the unemployment rate decreased compared to the prior month by 20 bps to 2.7%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- College Station-Bryan, TX unemployment rate is 64 bps below the national rate which is a positive sign.
- Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 2.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.9%. Key sectors include:
- Government: 45,200; -2,000
- Transportation & Utilities: 19,000; +500
- Restaurants & Hotels: 17,600; +200
- Education & Healthcare: 12,600; +100
- Business Services: 11,800; no change
- Construction, Mining: 7,400; +100
- Manufacturing: 5,600; -100
- Financial Services: 4,100; no change
- Other Jobs: 3,400; no change
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.