Overall unemployment rate stayed flat at 3.5% with the biggest shift in Government, which lost 1,400 roles, based on the most recently available information published in September 2022.
Total employment in the College Station-Bryan, TX market declined by 1,769 jobs in August and the unemployment rate stayed flat. The national unemployment rate stayed flat over the same time period at 3.8%.
- College Station-Bryan, TX unemployment rate is 29 bps below the national rate which is a positive sign.
- Unemployment in the market is 70 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in August versus prior month by -0.1% 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: 39,600; -1,400
- Transportation & Utilities: 18,900; +100
- Restaurants & Hotels: 17,500; +100
- Education & Healthcare: 12,800; +100
- Business Services: 12,000; no change
- Construction, Mining: 7,500; -100
- Manufacturing: 5,800; no change
- Financial Services: 4,200; no change
- Other Jobs: 3,500; +100
- IT & Development: 1,500; no change
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.