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<div class=\"blog-text\">
<h2>Overall unemployment rate moved down to 7.9% with the biggest shift in Transportation &amp; Utilities, which gained 500 roles, based on the most recently available information published in April 2021.</h2>

<p>Total employment in the Laredo, TX market rose by 972 jobs in March and the unemployment rate decreased compared to the prior month by 60 bps to 7.9%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Laredo, TX unemployment rate is 172 bps above the national rate which is a negative sign.</li>
	<li><i class=\"fa fa-check-circle\"></i> Unemployment in the market is 250 bps above the unemployment rate in the market last year at this time, which is a negative.</li>
	<li><i class=\"fa fa-check-circle\"></i> Average wages (per hour) declined in March versus prior month by -1.3% and are down compared to last year at this time in the market.</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading text-center w-50 h-3\">Month over Month Unemployment Change</div>

<div class=\"heading text-center w-50 h-3\">Year over Year Unemployment Change</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC  Unemployment October 2020.png\"><img alt=\"Laredo, TX Unemployment March 2021\" class=\"img-responsive center-block\" height=\"750\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Laredo%2C%20TX%20March%202021%20Bar%20Charts.png\" width=\"3190\" /></a></div>

<p>For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Transportation &amp; Utilities: 30,800; +500</li>
	<li><i class=\"fa fa-check-circle\"></i> Government: 23,300; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Education &amp; Healthcare: 17,000; +200</li>
	<li><i class=\"fa fa-check-circle\"></i> Restaurants &amp; Hotels: 10,400; +400</li>
	<li><i class=\"fa fa-check-circle\"></i> Business Services: 9,500; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Financial Services: 3,400; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Construction, Mining: 3,200; +100</li>
	<li><i class=\"fa fa-check-circle\"></i> Other Jobs: 2,300; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Manufacturing: 700; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> IT &amp; Development: 500; no change</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading logo h-3\">Employment Change by Key Sector</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC Unemployment by Industry October 2020.png\"><img alt=\"Laredo, TX Unemployment by Industry March 2021\" class=\"img-responsive center-block\" height=\"1084\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Laredo%2C%20TX%20March%202021%20Bubble%20Charts.png\" width=\"2525\" /> </a></div>

<p><i>Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021).&nbsp; Source: Government data agency and locally acquired statistics.</i></p>

<p><i>Note: All reported data is not seasonally adjusted.</i></p>
</div>


market-summary

Employment Snapshot - Laredo, TX March-2021

<div class=\"blog-text\">
<h2>Overall unemployment rate moved up to 8.6% with the biggest shift in Restaurants &amp; Hotels, which gained 400 roles, based on the most recently available information published in April 2021.</h2>

<p>Total employment in the Laredo, TX market declined by 54 jobs in February and the unemployment rate increased compared to the prior month by 30 bps to 8.6%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Laredo, TX unemployment rate is 205 bps above the national rate which is a negative sign.</li>
	<li><i class=\"fa fa-check-circle\"></i> Unemployment in the market is 470 bps above the unemployment rate in the market last year at this time, which is a negative.</li>
	<li><i class=\"fa fa-check-circle\"></i> Average wages (per hour) grew in February versus prior month by 0.4% and are down compared to last year at this time in the market.</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading text-center w-50 h-3\">Month over Month Unemployment Change</div>

<div class=\"heading text-center w-50 h-3\">Year over Year Unemployment Change</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC  Unemployment October 2020.png\"><img alt=\"Laredo, TX Unemployment February 2021\" class=\"img-responsive center-block\" height=\"750\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Laredo%2C%20TX%20February%202021%20Bar%20Charts.png\" width=\"3241\" /></a></div>

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

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Transportation &amp; Utilities: 30,300; -100</li>
	<li><i class=\"fa fa-check-circle\"></i> Government: 23,300; -100</li>
	<li><i class=\"fa fa-check-circle\"></i> Education &amp; Healthcare: 16,800; +100</li>
	<li><i class=\"fa fa-check-circle\"></i> Restaurants &amp; Hotels: 10,100; +400</li>
	<li><i class=\"fa fa-check-circle\"></i> Business Services: 9,600; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Financial Services: 3,400; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Construction, Mining: 3,100; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Other Jobs: 2,300; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Manufacturing: 700; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> IT &amp; Development: 500; no change</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading logo h-3\">Employment Change by Key Sector</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC Unemployment by Industry October 2020.png\"><img alt=\"Laredo, TX Unemployment by Industry February 2021\" class=\"img-responsive center-block\" height=\"1084\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Laredo%2C%20TX%20February%202021%20Bubble%20Charts.png\" width=\"2566\" /> </a></div>

<p><i>Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021).&nbsp; Source: Government data agency and locally acquired statistics.</i></p>

<p><i>Note: All reported data is not seasonally adjusted.</i></p>
</div>


Employment Snapshot - Laredo, TX February-2021

<div class=\"blog-text\">
<h2>Overall unemployment rate moved up to 8.4% with the biggest shift in Transportation &amp; Utilities, which lost 800 roles, based on the most recently available information published in March 2021.</h2>

<p>Total employment in the Laredo, TX market declined by 1,114 jobs in January and the unemployment rate increased compared to the prior month by 30 bps to 8.4%. The national unemployment rate increased by 31 bps over the same time to 6.8%.</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Laredo, TX unemployment rate is 159 bps above the national rate which is a negative sign.</li>
	<li><i class=\"fa fa-check-circle\"></i> Unemployment in the market is 430 bps above the unemployment rate in the market last year at this time, which is a negative.</li>
	<li><i class=\"fa fa-check-circle\"></i> Average wages (per hour) grew in January versus prior month by 1.2% and are up compared to last year at this time in the market.</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading text-center w-50 h-3\">Month over Month Unemployment Change</div>

<div class=\"heading text-center w-50 h-3\">Year over Year Unemployment Change</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC  Unemployment October 2020.png\"><img alt=\"Laredo, TX Unemployment January 2021\" class=\"img-responsive center-block\" height=\"797\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Laredo%2C%20TX%20January%202021%20Bar%20Charts.png\" width=\"3242\" /></a></div>

<p>For key employment segments of the market, total jobs declined by -0.9%. Key sectors include:</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Transportation &amp; Utilities: 30,400; -800</li>
	<li><i class=\"fa fa-check-circle\"></i> Government: 23,400; -100</li>
	<li><i class=\"fa fa-check-circle\"></i> Education &amp; Healthcare: 16,700; -200</li>
	<li><i class=\"fa fa-check-circle\"></i> Restaurants &amp; Hotels: 9,700; +100</li>
	<li><i class=\"fa fa-check-circle\"></i> Business Services: 9,600; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Financial Services: 3,400; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Construction, Mining: 3,000; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Other Jobs: 2,300; +100</li>
	<li><i class=\"fa fa-check-circle\"></i> Manufacturing: 700; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> IT &amp; Development: 500; no change</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading logo h-3\">Employment Change by Key Sector</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC Unemployment by Industry October 2020.png\"><img alt=\"Laredo, TX Unemployment by Industry January 2021\" class=\"img-responsive center-block\" height=\"1109\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Laredo%2C%20TX%20January%202021%20Bubble%20Charts.png\" width=\"2566\" /> </a></div>

<p><i>Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021).&nbsp; Source: Government data agency and locally acquired statistics.</i></p>

<p><i>Note: All reported data is not seasonally adjusted.</i></p>
</div>


Posts in Laredo, TX

Employment Snapshot - Laredo, TX March-2021

Employment Snapshot - Laredo, TX February-2021

Employment Snapshot - Laredo, TX January-2021