How Can We Help?
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.
May 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.
How to use: Click “View PDF” to access PDF for each individual document.
Workforce Solutions Alamo Releases May 2022 Jobs Reports
UNEMPLOYMENT RATE IN SAN ANTONIO-NEW BRAUNFELS MSA INCREASES TO 3.5 PERCENT
(June 17, 2022) San Antonio, Texas – Workforce Solutions Alamo (WSA) reports that the May unemployment rate for the eight-county San Antonio-New Braunfels metropolitan statistical area (MSA) is 3.5%, an increase of 0.2 percentage points over the month, from the April rate of 3.3%. Since May of 2021 the MSA unemployment rate dropped 1.6 percentage points from a rate of 5.1%. The May unemployment rate for the San Antonio-New Braunfels metropolitan statistical area (MSA) is lower than the state’s not seasonally adjusted (actual) rate of 3.8%.
Summarizing the not-seasonally adjusted (actual) unemployment rates for the state and the nation, the Texas not seasonally adjusted unemployment rate increased one-tenth of a point to 3.8 percent in May from an April rate of 3.7, marking the first increase since January 2022. In the 25 periods since April 2020 the rate increased on a monthly basis five times. The Texas not-seasonally adjusted May rate is 8.3 points below the peak value of 12.1 percent recorded in April 2020. Since May 2021, the unemployment rate dropped 1.9 percentage points from a reading of 5.7 percent. The U.S. not seasonally adjusted unemployment rate increased 0.1 points from 3.3 in April to 3.4 in May. Since May 2021 the unemployment rate dropped 2.1 points from a reading of 5.5 percent, dropping annually in each of the last 14 months.
Summarizing the seasonally adjusted (actual) unemployment rates for the state and the nation, the Texas seasonally adjusted unemployment rate decreased over the month to 4.2 by 0.1 percentage points from the April rate of 4.3 percent. This marked the lowest unemployment rate for the state since the February 2020 pre-COVID level of 3.5 percent. Since May 2021 the Texas unemployment rate decreased by 1.7 points from a reading of 5.9 percent. The U.S. seasonally adjusted rate was unchanged for the third consecutive month at 3.6 in May, but, remained at the lowest point since a pre-COVID rate of 3.5 percent. Annually, the U.S. unemployment rate decreased 2.2 percentage points from a May 2021 level of 5.8 percent.
Since May of 2021, 48,600 jobs were added, resulting in an annual increase of 4.6%. Five of eleven major industries showed monthly gains: Leisure and Hospitality, Financial Activity, Government, the Information Industry, and Construction. Three industries held steady: Mining and Logging, Manufacturing and Other Services.
Monthly job loss occurred in three major industries: Professional and Business Services, Trade Transportation and Utilities, and Education and Health Services. During the month of May most of the major industries reached a positive annual growth rate.