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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.  Through 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

December 2023 employment data for the local area was released on January 19, 2024.

December Unemployment Rates: Actual (Not Seasonally Adjusted)

The rate of unemployment in The Houston-The Woodlands-Sugar Land MSA declined three-tenths of a percentage point to 4.1 percent in October.

U.S. – 3.5%
Texas – 3.5%
Gulf Coast Region – 3.8%
Houston-The Woodlands-Sugar Land MSA – 3.8%

Other Local Rates

December Over-the-Year Industry Job Count Change
Houston-The Woodlands-Sugar Land MSA – Up 70,100 (2.1%)

Detailed Information

The H-W-S MSA added 3,600 jobs in December. The 0.1 percent increase was weaker than the average December increase of 0.4 percent.

The largest increases in December were in:

  • Trade, Transportation, and Utilities, up 7,100 jobs
  • Private Education and Health Services, up 2,100 jobs

Largest December declines were in:

  • Professional and Business Services, down 2,500 jobs
  • Leisure and Hospitality, down 1,900 jobs

Payrolls in the H-W-S MSA were up 70,100 jobs or 2.1 percent over the year in December. Ten of eleven industry super sectors were reporting over-the-year increases.

Largest over-the-year gains were found in:

  • Private Education and Health Services, up 24,700 jobs
  • Trade, Transportation, and Utilities, up 20,200 jobs
    • Wholesale Trade, up 6,700 jobs
    • Retail Trade, up 10,100 jobs
    • Transportation, Warehousing, and Utilities, up 3,400 jobs
  • Government, up 11,200 jobs

The only over-the-year decline was in:

  • Construction, down 5,900 jobs

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

 


Regional Data


Historic Employment Data

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