Overall unemployment rate moved down to 6.7% with the biggest shift in Government, which gained 2,100 roles, based on the most recently available information published in November 2022.
Total employment in the McAllen-Edinburg-Mission, TX market rose by 2,727 jobs in September and the unemployment rate decreased compared to the prior month by 90 bps to 6.7%. The national unemployment rate decreased by 47 bps over the same time to 3.3%.
- McAllen-Edinburg-Mission, TX unemployment rate is 338 bps above the national rate which is a negative sign.
- Unemployment in the market is 150 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 0.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.0% . Key sectors include:
- Education & Healthcare: 88,200; +300
- Government: 60,300; +2,100
- Transportation & Utilities: 55,100; +300
- Restaurants & Hotels: 28,100; -100
- Business Services: 21,500; +100
- Financial Services: 8,800; -100
- Construction, Mining: 8,800; +100
- Manufacturing: 7,200; no change
- Other Jobs: 6,000; +100
Data is based on the most recent 12 months available, through September 2022 (Data published November 2022 and reports created on November 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.