Overall unemployment rate moved down to 6.8% with the biggest shift in Education & Healthcare, which gained 400 roles, based on the most recently available information published in June 2022.
Total employment in the McAllen-Edinburg-Mission, TX market declined by 2,831 jobs in April and the unemployment rate decreased compared to the prior month by 20 bps to 6.8%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- McAllen-Edinburg-Mission, TX unemployment rate is 346 bps above the national rate which is a negative sign.
- Unemployment in the market is 290 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Education & Healthcare: 85,500; +400
- Government: 62,300; +400
- Transportation & Utilities: 54,900; -300
- Restaurants & Hotels: 27,800; +300
- Business Services: 20,800; no change
- Financial Services: 8,800; no change
- Construction, Mining: 8,700; +100
- Manufacturing: 7,100; +100
- Other Jobs: 5,800; no change
- IT & Development: 2,800; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.