Overall unemployment rate moved down to 4.1% with the biggest shift in Transportation & Utilities, which gained 500 roles, based on the most recently available information published in January 2022.
Total employment in the Killeen-Temple, TX market rose by 922 jobs in November and the unemployment rate decreased compared to the prior month by 10 bps to 4.1%. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Killeen-Temple, TX unemployment rate is 74 bps above the national rate which is a negative sign.
- Unemployment in the market is 70 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in November versus prior month by -2.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Government: 39,200; +200
- Transportation & Utilities: 29,500; +500
- Education & Healthcare: 24,700; +200
- Restaurants & Hotels: 18,000; no change
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.