Overall unemployment rate moved down to 10.0% with the biggest shift in Government, which lost 2,800 roles, based on the most recently available information published in September 2021.
Total employment in the McAllen-Edinburg-Mission, TX market rose by 3,567 jobs in July and the unemployment rate decreased compared to the prior month by 90 bps to 10.0%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- McAllen-Edinburg-Mission, TX unemployment rate is 434 bps above the national rate which is a negative sign.
- Unemployment in the market is 420 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in July versus prior month by -4.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.8%. Key sectors include:
- Education & Healthcare: 80,300; +400
- Government: 57,800; -2,800
- Transportation & Utilities: 52,300; no change
- Restaurants & Hotels: 26,300; +300
- Business Services: 17,800; no change
- Financial Services: 9,400; no change
- Construction, Mining: 7,200; no change
- Manufacturing: 6,200; -100
- Other Jobs: 5,400; no change
- IT & Development: 2,700; no change
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.