Overall unemployment rate moved up to 4.3% with the biggest shift in Government, which gained 3,800 roles, based on the most recently available information published in April 2023.

Total employment in the San Antonio-New Braunfels, TX market rose by 12,531 jobs in February and the unemployment rate increased compared to the prior month by 40 bps to 4.3%. The national unemployment rate increased by 3 bps over the same time to 3.9%.

  • San Antonio-New Braunfels, TX unemployment rate is 41 bps above the national rate which is a negative sign.
  • Unemployment in the market is 10 bps above the unemployment rate in the market last year at this time, which is a negative.
  • Average wages (per hour) grew in February versus prior month by 1.4% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
San Antonio-New Braunfels, TX Unemployment February 2023

For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:

  • Transportation & Utilities: 205,100; +400
  • Government: 180,300; +3,800
  • Education & Healthcare: 170,200; +1,700
  • Business Services: 163,500; +2,500
  • Restaurants & Hotels: 144,500; +2,200
  • Financial Services: 102,200; +100
  • Construction, Mining: 68,500; -500
  • Manufacturing: 58,000; +400
  • Other Jobs: 40,000; no change
  • IT & Development: 19,100; -100
San Antonio-New Braunfels, TX Unemployment by Industry February 2023

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.