Overall unemployment rate moved down to 3.5% with the biggest shift in Government, which gained 1,900 roles, based on the most recently available information published in April 2022.
Total employment in the College Station-Bryan, TX market rose by 3,667 jobs in February and the unemployment rate decreased compared to the prior month by 20 bps to 3.5%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- College Station-Bryan, TX unemployment rate is 64 bps below the national rate which is a positive sign.
- Unemployment in the market is 210 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 1.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.4% . Key sectors include:
- Government: 46,700; +1,900
- Transportation & Utilities: 18,400; -200
- Restaurants & Hotels: 17,600; +900
- Education & Healthcare: 12,500; +200
- Business Services: 11,600; +100
- Construction, Mining: 7,300; +100
- Manufacturing: 5,700; no change
- Financial Services: 4,100; no change
- Other Jobs: 3,300; no change
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.