Overall unemployment rate moved down to 3.3% , based on the most recently available information published in April 2022.

Total employment in the Sherman-Denison, TX market rose by 497 jobs in March and the unemployment rate decreased compared to the prior month by 70 bps to 3.3%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.

  • Sherman-Denison, TX unemployment rate is 45 bps below the national rate which is a positive sign.
  • Unemployment in the market is 190 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) declined in March versus prior month by -1.3% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Sherman-Denison, TX Unemployment March 2022

For key employment segments of the market, total jobs stayed flat. Key sectors include:

  • Education & Healthcare: 11,200; no change
  • Transportation & Utilities: 9,600; no change
  • Government: 7,700; no change
  • Restaurants & Hotels: 5,800; no change
  • Manufacturing: 5,500; no change
  • Business Services: 3,700; no change
  • Construction, Mining: 3,200; no change
  • Financial Services: 2,000; no change
  • Other Jobs: 1,000; no change
  • IT & Development: 400; no change
Sherman-Denison, TX Unemployment by Industry March 2022

Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.