Overall unemployment rate moved up to 4.1% with the biggest shift in Manufacturing, which gained 100 roles, based on the most recently available information published in June 2022.

Total employment in the Texarkana, TX-AR market declined by 175 jobs in May and the unemployment rate increased compared to the prior month by 10 bps to 4.1%. The national unemployment rate increased by 4 bps over the same time to 3.4%.

  • Texarkana, TX-AR unemployment rate is 72 bps above the national rate which is a negative sign.
  • Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) declined in May versus prior month by -5.0% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Texarkana, TX-AR Unemployment May 2022

For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:

  • Transportation & Utilities: 13,100; no change
  • Government: 12,300; -100
  • Education & Healthcare: 9,300; no change
  • Restaurants & Hotels: 7,600; +100
  • Manufacturing: 5,900; +100
  • Business Services: 4,700; +100
  • Construction, Mining: 2,900; no change
  • Financial Services: 2,300; no change
  • Other Jobs: 2,000; no change
  • IT & Development: 300; no change
Texarkana, TX-AR Unemployment by Industry May 2022

Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.