Overall unemployment rate moved up to 5.3% with the biggest shift in Government, which gained 600 roles, based on the most recently available information published in April 2023.
Total employment in the Killeen-Temple, TX market rose by 1,395 jobs in February and the unemployment rate increased compared to the prior month by 40 bps to 5.3%. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- Killeen-Temple, TX unemployment rate is 141 bps above the national rate which is a negative sign.
- Unemployment in the market is 40 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined 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 0.7% . Key sectors include:
- Government: 38,300; +600
- Transportation & Utilities: 29,400; no change
- Education & Healthcare: 24,900; +200
- Restaurants & Hotels: 17,600; +100
- Business Services: 14,400; +100
- Manufacturing: 8,200; no change
- Construction, Mining: 7,700; +100
- Financial Services: 6,300; no change
- Other Jobs: 5,600; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.