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Economic & Employment Data

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.


Employment Data

October Unemployment Rates: Actual (Not Seasonally Adjusted)

U. S. - 3.9%
Texas - 3.5%
Gulf Coast Region - 4.1%
Houston-The Woodlands-Sugar Land MSA - 4.1%
Other Local Rates

October Over-the-Year Industry Job Count Change
Houston-The Woodlands-Sugar Land MSA - 48,100 (1.6%)

Detailed Information

NEXT UPDATE: WEEK OF JANUARY 2ND

October 2017 employment data was released on November 17, 2017 for the Gulf Coast region.

Total Nonfarm Employment in the H-W-S MSA reported its largest October increase since records began in 1990, up 43,200 jobs. Historically, October averages an addition of 8,900 jobs indicating the current month's gains were roughly five times larger than typical. Hiring was above and beyond simple recovery from Hurricane Harvey with employers adding even more jobs. The primary drivers of October's growth were in Leisure and Hospitality, Trade, Transportation, and Utilities, and Government. Manufacturing reported the most substantial October decline, down 2,800 jobs. The pace of job growth in the H-W-S MSA rebounded from 0.8 percent in September to 1.6 percent representing an increase of 48,100 jobs over the year. Gains were largely concentrated in Manufacturing, Professional and Business Services, Education and Health Services, Leisure and Hospitality, and Government. Several industries were reporting losses with Construction suffering the largest declines as many petrochemical projects reach completion.
The rate of unemployment in the Houston-The Woodlands-Sugar Land Metropolitan Statistical Area (H-W-S MSA) fell seven-tenths of a percentage point to 4.1 percent in October. While the rate of unemployment typically falls in October, this was the largest one-month decline on record dating back to 2000 making this the lowest October rate since 2007.

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.


Labor Market Information

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
     832-681-2535 (Voice)
     832-681-2500 (Fax)
     ron.borski@wrksolutions.com


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