Categories: BusinessNewsTexas

Texas unemployment rate declines to 4.4 percent, marking another month of record employment

AUSTIN – In March, the seasonally adjusted Texas unemployment rate was 4.4 percent, a decrease of 0.3 percentage points from February 2022, and 2.0 percentage points below the level set one year ago. Texas added 30,100 total nonagricultural jobs in March 2022.

For the fifth consecutive month, the state set new employment highs as total nonfarm jobs reached 13,207,600 in March 2022. Texas has added a total of 731,600 positions since March 2021.

“We’ve added 152,200 positions so far in 2022, which is more jobs over the first three months than any previous year dating back to 1990,” said TWC Chairman Bryan Daniel. “The prosperous economic climate in Texas expands opportunities for all who call Texas home.”

In March, Financial Activities gained 7,800 jobs over the month. Manufacturing added 5,600 positions. Also of note, Education and Health Services employment grew by 5,500 jobs. 

“Texas continues to add jobs month after month, meaning more career opportunities for our Texas workforce,” said TWC Commissioner Representing Labor Julian Alvarez. “From registered apprenticeship programs designed to fill high-demand job openings to child care resources for families and providers, TWC continues to offer tools and resources to help our workforce succeed at advancing in their careers.” 

The Amarillo and Austin-Round Rock Metropolitan Statistical Areas (MSA) recorded March’s lowest unemployment rates among Texas MSAs with a not seasonally adjusted rate of 2.7 percent, followed by College Station-Bryan at 2.9 percent, then Lubbock at 3.0 percent. 

“Our state’s unemployment rate continues to fall, which is a direct indication that Texans are taking advantage of the numerous career opportunities created by our Texas employers,” said TWC Commissioner Representing Employers Aaron Demerson. “Texas employers, large and small, continue to show their strength, innovation, and vitality by adding jobs to our world-class Lone Star State labor market.”

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. To access this and more employment data, visit TexasLMI.com.
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Civilian Labor Force Estimates for Texas Metropolitan Statistical Areas
Not Seasonally Adjusted (In Thousands)

  MARCH 2022
C.L.F. Employed Unemployed Rate
United States 164,274.00 158,106.00 6,168.00 3.8%
Texas 14,536.90 13,974.00 563 3.9%
Abilene 80 77.5 2.5 3.1%
Amarillo 136.5 132.8 3.7 2.7%
Austin-Round Rock 1,355.20 1,318.50 36.6 2.7%
Beaumont-Port Arthur 166.8 155.8 11.1 6.6%
Brownsville-Harlingen 177.8 167 10.8 6.1%
College Station-Bryan 142.4 138.4 4.1 2.9%
Corpus Christi 204.5 193.6 10.9 5.3%
Dallas-Fort Worth-Arlington 4,225.90 4,084.40 141.6 3.4%
Dallas-Plano-Irving MD 2,867.30 2,772.10 95.2 3.3%
Fort Worth-Arlington MD 1,358.70 1,312.30 46.4 3.4%
El Paso 366.8 350.9 15.9 4.3%
Houston-The Woodlands-Sugar Land 3,470.70 3,319.10 151.6 4.4%
Killeen-Temple 183.6 176.1 7.5 4.1%
Laredo 118.3 113.1 5.1 4.3%
Longview 96.6 92.4 4.2 4.4%
Lubbock 169.6 164.5 5.1 3%
McAllen-Edinburg-Mission 372.7 346.7 26 7%
Midland 104.4 100.7 3.7 3.5%
Odessa 81.6 77.4 4.1 5.1%
San Angelo 55.7 53.9 1.8 3.3%
San Antonio-New Braunfels 1,231.40 1,188.50 42.9 3.5%
Sherman-Denison 67.2 65 2.2 3.3%
Texarkana 64.2 61.5 2.6 4.1%
Tyler 111.8 107.9 3.9 3.5%
Victoria 44 42 1.9 4.4%
Waco 132.5 128 4.5 3.4%
Wichita Falls 64.5 62.2 2.3 3.6%

 

Texas Nonagricultural Wage and Salary Employment
Seasonally Adjusted

INDUSTRY TITLE Mar 2022* Feb 2022 Mar 2021 Feb ’22 to Mar ’22
Absolute Change Percent Change
Total Nonagricultural 13,207,600 13,177,500 12,476,000 30,100 0.2%
Total Private 11,232,900 11,204,000 10,533,800 28,900 0.3%
Goods Producing 1,869,800 1,855,100 1,777,900 14,700 0.8%
     Mining and Logging 201,400 196,700 176,600 4,700 2.4%
     Construction 765,800 761,400 734,000 4,400 0.6%
     Manufacturing 902,600 897,000 867,300 5,600 0.6%
Service Providing 11,337,800 11,322,400 10,698,100 15,400 0.1%
     Trade, Transportation, and Utilities 2,661,300 2,661,600 2,533,200 -300 0%
     Information 222,000 220,900 201,500 1,100 0.5%
     Financial Activities 878,000 870,200 821,000 7,800 0.9%
     Professional and Business Services 1,986,800 1,989,800 1,844,300 -3,000 -0.2%
     Education and Health Services 1,775,900 1,770,400 1,714,100 5,500 0.3%
     Leisure and Hospitality 1,402,100 1,398,900 1,232,800 3,200 0.2%
     Other Services 437,000 437,100 409,000 -100 0%
     Government 1,974,700 1,973,500 1,942,200 1,200 0.1%
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