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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

June 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 INCREASED TO 4.2 PERCENT

Workforce Solutions Alamo Releases June 2024 Job Market Information

(July 19, 2024) San Antonio, Texas – Workforce Solutions Alamo (WSA) reports that the June 2024 unemployment rate for the eight-county San Antonio-New Braunfels metropolitan statistical area (MSA) is 4.2 percent, higher than the 3.5 rate in May 2024. Since June of 2023, the MSA unemployment rate increased four tenths of a point (0.4) over the year from the rate of 3.8 percent. The June 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 4.5 percent for June 2024. The civilian Labor force for the MSA increased by 13,975 able and ready individuals seeking employment over the month and increased by 34,276 individuals over the year.

Texas & The Nation (Actual Rates) Comparison

Labor Force Summary

The Texas not seasonally adjusted unemployment rate for June 2024 rose seven tenths of a point (0.7) over the month to 4.5 percent from a May 2024 rate of 3.8 percent. The unemployment rate was up by three tenths of a point (0.3) compared to June 2023 of 4.2 percent.

The U.S. not seasonally adjusted unemployment rate for June 2024 increased by six tenths of a point (0.6) over the month to 4.3 percent from a 3.7 percent rate in May 2024. The rate increased annually by half a point (0.5) from the June 2023 rate of 3.8 percent.

Texas & The Nation (Seasonally Adjusted Rates) Comparison

The Texas Seasonally Adjusted unemployment rate was unchanged over the month at 4.0 percent in June 2024, the same rate indicated in May 2024.  Over the year the unemployment rate rose by one tenth of a point (0.1) from a June 2023 rate of 3.9.

The U.S. seasonally adjust unemployment rate rose by a tenth of a point (0.1) over the month to 4.1 percent from a May 2024 rate of 4.0 and increased by half a point annually (0.5) to 4.1 percent from a June 2023 rate of 3.6 percent.

Jobs in the San Antonio-New Braunfels Metropolitan Statistical Area

Since June of 2023, 23,800 jobs were added to the MSA, resulting in an annual growth rate of 2.0 percent.

Seven of eleven major industries showed monthly gains: In June 2024 the industries adding jobs over the month were Private Education and Health Services, Construction, Manufacturing, Financial Activities, Leisure and Hospitality, Other Services, and Mining and Logging, while the Information Industry remained steady. Most  industries indicated positive job gains over the year.

In June 2024 Job loss occurred over the month in three major industries and most industries achieved a positive annual job gain and growth rate. Losses were indicated for Trade Transportation and Utilities, Professional and Business Services, and Government.

DOWNLOAD FULL MSA REPORT: – View PDF

Workforce Solutions Alamo Area Unemployment Rates Snapshot: