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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.
August 2023 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 4.3 PERCENT
Workforce Solutions Alamo Releases August 2023 Job Market Information
(September 15, 2023) San Antonio, Texas – Workforce Solutions Alamo (WSA) reports the August unemployment rate for the eight-county San Antonio-New Braunfels metropolitan statistical area (MSA) is 4.3 percent, higher than the 4.2 rate in July. Since August of 2022, the MSA unemployment rate increased by six-tenths of a point (0.6) from a rate of 3.7 percent. The August 2023 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. The civilian Labor force for the MSA decreased by 1,525 over the month and indicated an increase of 39,386 over the year.
Texas & The Nation (Actual Rates)
Summarizing the not seasonally adjusted unemployment rates for the state and the nation, the Texas not seasonally adjusted August unemployment rate was unchanged over the month at 4.5 percent. The August 2023 rate was 7.8 points below the peak value of 12.3 percent in April 2020. Since August 2022, the unemployment rate increased six tenths of a point from 3.9 percent to 4.5 percent in August 2023. The U.S. not seasonally adjusted August 2023 unemployment rate increased both monthly and annually by 0.1 points to 3.9 percent from 3.8 percent.
Texas & The Nation (Seasonally Adjusted Rates)
Summarizing the seasonally adjusted unemployment rates for the state and the nation, the Texas August 2023 unemployment rate was 4.1 percent for the fourth consecutive month. It declined by 8.7 points compared to April 2020 when it peaked at 12.8 due to COVID-19. The rate rose annually by four-tenths of a point (0.4) from 3.7 in August 2022 to 4.1 in August 2023. The U.S. rate rose three-tenths of a point over the month from 3.5 in July 2023 to 3.8 in August 2023. The rate increased annually by 0.1 point from 3.7 in August 2022.
Jobs in the San Antonio-New Braunfels Metropolitan Statistical Area
Since August of 2022, 26,200 jobs were added in the MSA, resulting in an annual increase of 2.3 percent.
Three of eleven major industries showed monthly gains, two remained steady: Private Education and Health Services, Construction, Other Services, while the Mining and Logging and the information industries remained steady. These industries achieved a positive annual growth rate.
Monthly job losses occurred in six major industries: Government, Manufacturing, Financial Activities, Leisure and Hospitality, Professional and Business Services, and Trade Transportation and Utilities. Most industries achieved a positive annual growth rate.