Overall unemployment rate moved down to 2.9% with the biggest shift in Government, which gained 500 roles, based on the most recently available information published in April 2022.
Total employment in the College Station-Bryan, TX market rose by 1,350 jobs in March and the unemployment rate decreased compared to the prior month by 60 bps to 2.9%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- College Station-Bryan, TX unemployment rate is 85 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 March versus prior month by 3.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Government: 47,200; +500
- Transportation & Utilities: 18,500; no change
- Restaurants & Hotels: 17,400; -100
- Education & Healthcare: 12,500; no change
- Business Services: 11,800; +100
- Construction, Mining: 7,300; no change
- Manufacturing: 5,700; no change
- Financial Services: 4,100; no change
- Other Jobs: 3,400; no change
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.