Overall unemployment rate moved up to 3.6% with the biggest shift in Government, which lost 3,000 roles, based on the most recently available information published in August 2022.
Total employment in the College Station-Bryan, TX market declined by 3,463 jobs in June and the unemployment rate increased compared to the prior month by 70 bps to 3.6%. The national unemployment rate increased by 46 bps over the same time to 3.8%.
- College Station-Bryan, TX unemployment rate is 24 bps below the national rate which is a positive sign.
- Unemployment in the market is 150 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 1.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.3%. Key sectors include:
- Government: 42,100; -3,000
- Transportation & Utilities: 18,700; no change
- Restaurants & Hotels: 17,200; -400
- Education & Healthcare: 12,700; +100
- Business Services: 11,900; +100
- Construction, Mining: 7,500; +100
- Manufacturing: 5,700; no change
- Financial Services: 4,200; +100
- Other Jobs: 3,500; +100
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.