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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.
December 2022 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.
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Workforce Solutions Alamo Releases December 2022 Jobs Reports
UNEMPLOYMENT RATE IN SAN ANTONIO-NEW BRAUNFELS MSA DECREASED TO 3.3 PERCENT
(January 20, 2023) San Antonio, Texas – Workforce Solutions Alamo (WSA) reports that the December unemployment rate for the eight-county San Antonio-New Braunfels metropolitan statistical area (MSA) is 3.3 percent, lower than the 3.4 rate in November. Since December of 2021, the MSA unemployment rate dropped 0.5 percentage points from a rate of 3.8 percent. The December unemployment rate for the San Antonio-New Braunfels metropolitan statistical area (MSA) is lower than the state’s not seasonally adjusted (actual) rate of 3.6 percent.
Summarizing the not-seasonally adjusted (actual) unemployment rates for the state and the nation, the Texas not seasonally adjusted unemployment rate decreased by one tenth of a point to 3.6 in December from 3.7 percent in November. The December rate was 8.5 points below the peak value of 12.1 percent recorded in April 2020. Since December 2021, the unemployment rate dropped 0.6 points from 4.2 percent. The U.S. not seasonally adjusted unemployment rate decreased one tenth of a point to 3.3 in December after holding at 3.4 for the previous two months. Since December 2021 the unemployment rate dropped 0.4 points from a reading of 3.7 percent, dropping annually in each of the last 21 months.
Summarizing the seasonally adjusted unemployment rates for the state and the nation, The Texas unemployment rate fell for the first time in three months to 3.9 percent after having stood at 4.0 percent since September 2022 and falling below 4.0 percent for the first time since February 2020. In December 2022, the unemployment rate fell by 0.9 percentage points from a reading of 4.8 percent in December 2021. The U.S. rate decreased 0.2 percentage points to 3.5 in December from a November rate of 3.7 percent. Annually, the U.S. unemployment rate decreased 0.4 percentage points from a December 2021 level of 3.9 percent.
Since December of 2021, 46,600 jobs were added in the MSA, resulting in an annual increase of 4.3 percent. Four of eleven major industries showed monthly gains, one remained steady. Trade Transportation and Utilities, Financial Activities, Government, Mining and Logging showed gains, while the Information Industry remained steady.
Monthly job loss occurred in six major industries. Professional and Business Services, Leisure and Hospitality, Education and Health Services, Construction, Other Services, and Manufacturing indicated monthly job losses, however, most reached a positive annual growth rate. The table below shows the job gains and losses for the San Antonio New Braunfels MSA.