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The Labor Market Information we provide focuses on the thirteen counties within the Gulf Coast Workforce Board region. This data is produced by the Bureau of Labor Statistics and distributed by the Texas Workforce Commission. Through industry employment and wage data, businesses can review to see how their industries are performing in the economy. Is your business shrinking while others are growing?
Through occupational wage data, businesses can review to see if their wages are too low, which could cause higher than average turnover for the occupation. Through analysis of local economic and employment data can help uncover key insight to drive your business and inform your recruiting strategy. We provide this information free of charge and can work with you one-on-one to determine how to use data and identify and capitalize on opportunities for your business.
July 2023 employment data for the local area was released on August 18th.
July Unemployment Rates: Actual (Not Seasonally Adjusted)
The rate of unemployment in The Houston-The Woodlands-Sugar Land MSA rose three-tenths of a percentage point to 4.8 percent in July.
U.S. – 3.8%
Texas – 4.5%
Gulf Coast Region – 4.8%
Houston-The Woodlands-Sugar Land MSA – 4.8%
July Over-the-Year Industry Job Count Change
Houston-The Woodlands-Sugar Land MSA – Up 96,800 (3.0%)
The H-W-S MSA lost 16,100 jobs in July. The 0.5 percent decline was much like the average August decline of 0.6 percent.
Largest July increases were in:
- Private Education and Health Services, up 4,200 jobs
- Financial Activities, up 3,200 jobs
- Construction, up 3,100 jobs
- Trade, Transportation, and Utilities, up 2,300 jobs
July declines were in:
- Government, down 23,000 jobs (educational institution reductions for summer)
- Professional and Business Services, down 5,300 jobs
- Leisure and Hospitality, down 1,000 jobs
- Other Services, down 400 jobs
Payrolls in the H-W-S MSA were up 96,800 jobs or 3.0 percent over the year in July. Ten of twelve industry super sectors were reporting over-the-year increases.
Largest gains were found in:
- Trade, Transportation, and Utilities, up 28,500 jobs
- Wholesale Trade, up 9,500 jobs
- Retail Trade, up 8,900 jobs
- Transportation, Warehousing, and Utilities, up 10,100 jobs
- Private Education and Health Services, up 27,800 jobs
- Professional and Business Services, up 16,100 jobs
If you have any questions please contact one of our Business Consultants at your nearest career office, or email Ron.Borski@wrksolutions.com. For information on other areas in the state visit the Bureau of Labor Statistics or Texas Workforce Commission.
Metropolitan Statistical Area (MSA) Profiles: Economic Profiles
For Labor Market Information, contact Ron Borski at:
Workforce Solutions - Ron Borski
3555 Timmons, Suite 120
Houston, TX 77027