Overall unemployment rate moved up to 4.9% with the biggest shift in Transportation & Utilities, which lost 900 roles, based on the most recently available information published in March 2023.
Total employment in the Killeen-Temple, TX market rose by 707 jobs in January and the unemployment rate increased compared to the prior month by 90 bps to 4.9%. The national unemployment rate increased by 60 bps over the same time to 3.9%.
- Killeen-Temple, TX unemployment rate is 104 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in January versus prior month by -7.8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.4%. Key sectors include:
- Government: 37,700; -700
- Transportation & Utilities: 29,400; -900
- Education & Healthcare: 24,600; -400
- Restaurants & Hotels: 17,600; +100
- Business Services: 14,400; -100
- Manufacturing: 8,200; no change
- Construction, Mining: 7,600; -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 January 2023 (Data published March 2023 and reports created on March 17, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.