Overall unemployment rate moved down to 4.1% with the biggest shift in Restaurants & Hotels, which gained 300 roles, based on the most recently available information published in June 2023.
Total employment in the Killeen-Temple, TX market declined by 8 jobs in April and the unemployment rate decreased compared to the prior month by 80 bps to 4.1%. The national unemployment rate decreased by 53 bps over the same time to 3.1%.
- Killeen-Temple, TX unemployment rate is 100 bps above the national rate which is a negative sign.
- Unemployment in the market is 20 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in April versus prior month by -11.0% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Government: 38,400; -100
- Transportation & Utilities: 29,500; no change
- Education & Healthcare: 25,000; no change
- Restaurants & Hotels: 17,900; +300
- Business Services: 14,300; +100
- Manufacturing: 8,200; no change
- Construction, Mining: 7,700; no change
- Financial Services: 6,200; -100
- Other Jobs: 5,700; +100
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through April 2023 (Data published June 2023 and reports created on June 8,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.