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LABOR MARKET Data

Workforce Solutions Alamo (WSA) is a source for economic, workforce data and analysis to help you make informed decisions. You will find Economic information to support your business development. Have the opportunity to research economic indicators such as job growth, unemployment statistics, salary and wage information.

• Labor Market and Career Information

March 2024 Employment Data:

Workforce Solutions Alamo releases monthly data from the Texas Workforce Commission (TWC.) Our data team then analyzes the data to provide monthly reports by County and City.

How to use: Click “View PDF” to access PDF for each individual document.

UNEMPLOYMENT RATE IN SAN ANTONIO-NEW BRAUNFELS MSA DECREASED TO 3.8 PERCENT

Workforce Solutions Alamo Releases March 2024 Job Market Information

(April 19, 2024) San Antonio, Texas – Workforce Solutions Alamo (WSA) reports that the March 2024 unemployment rate for the eight-county San Antonio-New Braunfels metropolitan statistical area (MSA) is 3.8 percent, lower than the 4.1 rate in February 2024. Since March of 2023, the MSA unemployment rate remained the same over the year at a rate of 3.8 percent. The March 2024 unemployment rate for the San Antonio-New Braunfels metropolitan statistical area (MSA) is lower than the state’s not seasonally adjusted (actual) rate of 4.1 percent. The civilian Labor force for the MSA  decreased by 2,641  individuals over the month and increased by 23,266 individuals over the  year.

Texas & The Nation (Actual Rates) Comparison

Labor Force Summary

The Texas not seasonally adjusted unemployment rate declined three tenths of a point (0.3) over the month to 4.1 percent in March 2024 from a February 2024 rate of 4.4 percent. The March 2024 unemployment rate increased one tenth of a point (0.1) compared to March 2023 rate of 4.0 percent.

The U.S. not seasonally adjusted unemployment rate declined three tenths of a point (0.3) over the month as it registered 3.9 percent in March 2024, down from the 4.2 rate in February 2024. The rate increased annually by three tenths of a point (0.3) from the March 2023 rate of 3.6 percent.

Texas & The Nation (Seasonally Adjusted Rates) Comparison

Labor Force Summary

The Texas seasonally adjusted unemployment rate registered 3.9 percent for the 10th consecutive month in March 2024. The rate declined annually by one tenth of a point (0.1) from a rate of 4.0 percent.

The U.S. unemployment rate declined by one tenth of a point (0.1) over the month to a rate of 3.8 percent in March 2024 from a February 2024 rate of 3.9 percent and rose annually three tenths of a point (0.3) from a March 2023 rate of 3.5 percent to the March 2024 rate of 3.8 percent.

Jobs in the San Antonio-New Braunfels Metropolitan Statistical Area

Since March of 2023, 24,700 jobs were added to the MSA, resulting in an annual growth rate of 2.1 percent.

Five of eleven major industries showed monthly gains: The industries adding jobs over the month were Leisure and Hospitality, Other Services, Private Education and Health Services, Government, and Mining and Logging. While the Construction Industry, Information Industry, and Financial Activities remained steady. Most industries achieved a positive annual growth rate.

Monthly job loss occurred in three industries: Manufacturing, Trade Transportation and Utilities, and Professional and Business Services, most industries achieved a positive annual growth rate.

DOWNLOAD FULL MSA REPORT: – View PDF

Workforce Solutions Alamo Area Unemployment Rates Snapshot: