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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.
February Unemployment Rates: Actual (Not Seasonally Adjusted)
U. S. - 4.9%
Texas - 5.1%
Gulf Coast Region - 5.9%
Houston-The Woodlands-Sugar Land MSA - 5.9%
Other Local Rates
February Over-the-Year Industry Job Count Chang30100
Detailed Information WEEK OF April 24th
February 2017 employment data was released on March 24, 2017 for the Gulf Coast region.
Total Nonfarm Employment in the H-W-S MSA increased by 16,700 jobs in February. The 0.6 percent increase was similar to an average 0.7 percent increase over the last ten years.
The H-W-S MSA added 19,300 jobs over the year representing an increase of 0.6 percent. Job gains continue to be positive in industry sectors that serve the H-W-S MSA's growing population. Strongest growth has been in Leisure & Hospitality, Educational & Health Services, and Government. Job growth remains positive in Retail Trade but the pace has been steadily declining since March 2016. Industry sectors with ties to oil and gas exploration & production such as Mining & Logging, Manufacturing, and Architectural Engineering, and Related Services continue to report over-the-year declines but conditions have been improving in recent months.
The thirteen-county region's unemployment rate reported its first February increase since 2009 rising two-tenths of a percentage point to 5.9 percent. February's local rate of unemployment was more than one full percentage point higher than a year earlier with the number of individuals unemployed rising by more than 38,000.
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