Categories: BusinessNewsTexas

Texas loses over 27,000 jobs, unemployment rate up in February

AUSTIN – In February, the seasonally adjusted Texas unemployment rate was 6.9 percent, up from 6.8 percent in January 2020. Texas lost 27,500 total nonagricultural jobs over the month, the first decrease in ten months. Private sector employment moved in the same direction with a decrease of 19,300 positions for the month.

“Although we saw a slight decrease in employment numbers last month, we still see strength in the Texas economy,” said TWC Chairman Bryan Daniel. “TWC will continue to maintain programs to enhance job skills and provide access to the thousands of available jobs on MyTXCareer.com

In February, the Professional and Business Services industry lost 23,000 jobs. However, Trade, Transportation, and Utilities gained 14,800, the tenth consecutive month of job growth in that sector, achieving positive annual growth for the first time since the beginning of the pandemic. Leisure and Hospitality lost 5,800 jobs during the month.

“Our workforce remains resilient and is made up of millions of Texans ready to work,” said TWC Commissioner Representing Labor Julian Alvarez. “TWC has a variety of programs to help Texas workers improve their skills like Metrix online learning, which is free to all Texans and individuals can reach out to their local boards to explore further options.”

The Amarillo Metropolitan Statistical Area (MSA) recorded February’s lowest unemployment rate among Texas MSAs with a not seasonally adjusted rate of 5.1 percent, followed by the College Station-Bryan MSA and Austin-Round Rock MSA which were tied for the second lowest rate of 5.6 percent.

“Texas employers continue working around the clock to open their businesses while safely serving all Texans in their communities,” said TWC Commissioner Representing Employers Aaron Demerson. “Even through the pandemic and unexpected winter storm, Texas remains resilient. My office continues to stand ready to assist Texas employers by providing them with relevant and useful information that will assist with keeping the Texas economic engine on track.”

Employment estimates released by TWC are produced in cooperation with the U.S. Department of Labor’s Bureau of Labor Statistics. All estimates are subject to revision.

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Civilian Labor Force Estimates for Texas Metropolitan Statistical Areas Not Seasonally Adjusted

  February 2021
C.L.F. Employed Unemployment Rate
United States 160,008.00 149,522.00 10,486.00 6.6%
Texas 14,049.20 12,989.50 1,059.60 7.5%
Abilene 78.6 73.9 4.7 5.9%
Amarillo 133.4 126.6 6.8 5.1%
Austin-Round Rock 1,261.10 1,190.60 70.4 5.6%
Beaumont-Port Arthur 173.5 152.9 20.5 11.8%
Brownsville-Harlingen 170.3 151.8 18.5 10.9%
College Station-Bryan 135.8 128.2 7.6 5.6%
Corpus Christi 201.7 182.7 19 9.4%
Dallas-Fort Worth-Arlington 4,015.50 3,741.90 273.6 6.8%
Dallas-Plano-Irving MD 2,712.40 2,530.50 181.9 6.7%
Fort Worth-Arlington MD 1,303.10 1,211.50 91.7 7%
El Paso 369.6 339 30.6 8.3%
Houston-The Woodlands-Sugar Land 3,373.30 3,090.10 283.2 8.4%
Killeen-Temple 178.9 165.7 13.2 7.4%
Laredo 116.1 106.1 9.9 8.6%
Longview 96.1 88.1 8 8.3%
Lubbock 164.2 154.6 9.7 5.9%
McAllen-Edinburg-Mission 365.3 321.3 44 12%
Midland 97.1 89.1 8 8.3%
Odessa 79.7 70.2 9.5 11.9%
San Angelo 54.9 51.3 3.6 6.5%
San Antonio-New Braunfels 1,212.50 1,129.80 82.7 6.8%
Sherman-Denison 65.1 61.2 3.9 6%
Texarkana 63.8 59.3 4.4 7%
Tyler 109.7 102.1 7.6 6.9%
Victoria 44.1 40.3 3.8 8.6%
Waco 129.5 121.4 8.1 6.3%
Wichita Falls 64.1 59.6 4.5 7.1%

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Texas Nonagricultural Wage and Salary Employment Seasonally Adjusted

INDUSTRY TITLE Feb 2021* Jan 2021 Feb 2020 Jan ’21 to Feb ’21
Absolute Change
Total Nonagricultural 12,376,700 12,404,200 12,970,000 -27,500
Total Private 10,425,500 10,444,800 10,970,000 -19,300
Goods Producing 1,759,800 1,762,900 1,925,800 -3,100
Mining and Logging 179,200 177,400 234,900 1,800
Construction 724,300 726,600 780,700 -2,300
Manufacturing 856,300 858,900 910,200 -2,600
Service Providing 10,616,900 10,641,300 11,044,200 -24,400
Trade, Transportation, and Utilities 2,536,600 2,521,800 2,534,700 14,800
Information 200,300 199,600 211,600 700
Financial Activities 814,800 815,800 818,200 -1,000
Professional and Business Services 1,798,500 1,821,500 1,833,700 -23,000
Education and Health Services 1,705,400 1,706,200 1,775,800 -800
Leisure and Hospitality 1,210,800 1,216,600 1,416,400 -5,800
Other Services 399,300 400,400 453,800 -1,100
Government 1,951,200 1,959,400 2,000,000 -8,200

 

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