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The Labor Market Information we provide focuses on the thirteen counties within the Gulf Coast Workforce Board region. This data is produced by the Bureau of Labor Statistics and distributed by the Texas Workforce Commission. Through industry employment and wage data, businesses can review to see how their industries are performing in the economy. Is your business shrinking while others are growing?
Through occupational wage data, businesses can review to see if their wages are too low, which could cause higher than average turnover for the occupation. Thorough analysis of local economic and employment data can help uncover key insight to drive your business and inform your recruiting strategy. We provide this information free of charge and can work with you one-on-one to determine how to use data and identify and capitalize on opportunities for your business.
May Unemployment Rates: Actual (Not Seasonally Adjusted)
U. S. - 4.1%
Texas - 4.1%
Gulf Coast Region - 5.1%
Houston-The Woodlands-Sugar Land MSA - 5.1%
Other Local Rates
May Over-the-Year Industry Job Count Change
Houston-The Woodlands-Sugar Land MSA - 45,300
Detailed Information WEEK OF JULY 24TH
May 2017 employment data was released on June 16, 2017 for the Gulf Coast region.
Total Nonfarm Employment in the H-W-S MSA increased by 6,700 jobs in May. The 0.2 percent increase was much weaker than an average one-half of a percent increase over the last twenty years. Most industry sectors added jobs in May with strongest gains in Leisure & Hospitality, up 5,800 jobs or 1.8 percent, and Other Services, up 1,700 jobs or 1.5 percent. A loss of 3,900 jobs in Trade, Transportation, and Utilities held May's job growth to a minimum.
Payrolls in the H-W-S MSA were up 45,300 jobs over the year with the pace of job growth rising to 1.5 percent, the same as that of the nation. After another month of job gains, Manufacturing took the lead as the fastest growing super sector over the year. Most industry sectors that serve the H-W-S MSA's growing population continue to report healthy over-the-year gains with strongest growth in Government, Leisure & Hospitality, and Educational & Health Services. Retail Trade has been an exception, however, as it struggles with ongoing changes in the purchasing habits of consumers. The pace of job growth in Professional and Business Services increased for the fourth consecutive month making it one of the largest sources of new jobs in the MSA. Over-the-year losses in Mining and Logging continued to decline in May.
The thirteen-county region's unemployment rate dropped two-tenths of a percentage point to 5.1 percent, two-tenths of a percentage point higher than a year earlier.
If you have any questions please contact one of our Business Consultants at your nearest career office, or email Ron.Borski@wrksolutions.com. For information on other areas in the state visit the Bureau of Labor Statistics or Texas Workforce Commission.
Metropolitan Statistical Area (MSA) Profiles: Economic Profiles
For Labor Market Information, contact Ron Borski at:
Workforce Solutions - Ron Borski
3555 Timmons, Suite 120
Houston, TX 77027