Overall unemployment rate moved up to 3.8% with the biggest shift in Government, which gained 2,800 roles, based on the most recently available information published in April 2023.
Total employment in the College Station-Bryan, TX market rose by 3,676 jobs in February and the unemployment rate increased compared to the prior month by 30 bps to 3.8%. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- College Station-Bryan, TX unemployment rate is 9 bps below the national rate which is a positive sign.
- Unemployment in the market is 30 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in February versus prior month by -0.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.5% . Key sectors include:
- Government: 48,200; +2,800
- Restaurants & Hotels: 19,500; +300
- Transportation & Utilities: 19,000; +200
- Education & Healthcare: 15,700; +100
- Business Services: 13,100; +100
- Construction, Mining: 7,900; no change
- Manufacturing: 6,200; -100
- Financial Services: 4,400; no change
- Other Jobs: 3,600; no change
- IT & Development: 1,600; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.