Overall unemployment rate moved up to 3.7% with the biggest shift in Government, which lost 1,100 roles, based on the most recently available information published in March 2022.
Total employment in the College Station-Bryan, TX market rose by 2,859 jobs in January and the unemployment rate increased compared to the prior month by 50 bps to 3.7%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- College Station-Bryan, TX unemployment rate is 73 bps below the national rate which is a positive sign.
- Unemployment in the market is 180 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in January versus prior month by 7.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.0%. Key sectors include:
- Government: 44,800; -1,100
- Transportation & Utilities: 18,600; -400
- Restaurants & Hotels: 16,700; -600
- Education & Healthcare: 12,200; -200
- Business Services: 11,400; -100
- Construction, Mining: 7,200; -100
- Manufacturing: 5,700; no change
- Financial Services: 4,100; no change
- Other Jobs: 3,300; -100
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.