Overall unemployment rate moved down to 2.9% with the biggest shift in Government, which gained 200 roles, based on the most recently available information published in June 2023.
Total employment in the College Station-Bryan, TX market declined by 331 jobs in April and the unemployment rate decreased compared to the prior month by 30 bps to 2.9%. The national unemployment rate decreased by 53 bps over the same time to 3.1%.
- College Station-Bryan, TX unemployment rate is 20 bps below the national rate which is a positive sign.
- Unemployment in the market is 10 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in April versus prior month by -2.0% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.1% . Key sectors include:
- Government: 48,700; +200
- Restaurants & Hotels: 19,500; +100
- Transportation & Utilities: 18,700; -100
- Education & Healthcare: 15,700; no change
- Business Services: 13,000; +100
- Construction, Mining: 7,600; -200
- Manufacturing: 6,200; -100
- Financial Services: 4,400; no change
- Other Jobs: 3,700; +100
- IT & Development: 1,600; no change
Data is based on the most recent 12 months available, through April 2023 (Data published June 2023 and reports created on June 8,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.