Overall unemployment rate moved down to 4.9% with the biggest shift in Government, which gained 1,000 roles, based on the most recently available information published in April 2022.
Total employment in the Killeen-Temple, TX market rose by 2,443 jobs in February and the unemployment rate decreased compared to the prior month by 10 bps to 4.9%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- Killeen-Temple, TX unemployment rate is 76 bps above the national rate which is a negative sign.
- Unemployment in the market is 250 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 9.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Government: 38,800; +1,000
- Transportation & Utilities: 28,900; -100
- Education & Healthcare: 23,800; +200
- Restaurants & Hotels: 17,200; +300
- Business Services: 13,600; +100
- Manufacturing: 7,800; no change
- Construction, Mining: 7,200; +100
- Financial Services: 6,200; no change
- Other Jobs: 4,900; no change
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.