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November Labor Market and Employment reports

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The Texas Workforce Commission (TWC) released the November Labor Market and Employment reports. The seasonally adjusted national unemployment rate decreased by (0.2) to 3.7%. The Texas seasonally adjusted unemployment rate remained at 4.1%. Image for illustration purposes
The Texas Workforce Commission (TWC) released the November Labor Market and Employment reports. The seasonally adjusted national unemployment rate decreased by (0.2) to 3.7%. The Texas seasonally adjusted unemployment rate remained at 4.1%. Image for illustration purposes
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The Texas Workforce Commission (TWC) released the November Labor Market and Employment reports. The seasonally adjusted national unemployment rate decreased by (0.2) to 3.7%. The Texas seasonally adjusted unemployment rate remained at 4.1%.

Statewide Overview:Texas had a gain of 26,800 non-agricultural jobs in November and a gain of 407,100 jobs in the past year (seasonally adjusted). This represents an annual employment increase rate of 3.0%.

Goods-Producing employment increased by 7,100 jobs in November, and a total of 78,200 jobs were gained in the past twelve months. The Goods-Producing sector has seen an increase of 4.0% over the past twelve months. The Construction sector had the most job growth for this month with 9,200 jobs added. 

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Regional Unemployment Recap: The November unemployment rates increased in Hidalgo (0.1%) and Starr (0.3%) Counties and decreased in Willacy (-0.8%) County.  

3. Unemployment Graph Nov 23

Counties:  

  • Hidalgo County increased by 0.1% to 5.3%
  • Cameron County decreased by -0.2% to 4.7% 
  • Starr County increased by 0.3% to 8.0% 
  • Willacy County decreased by -0.8% to 5.8%
  • Webb County decreased by -0.2% to 3.5%
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The Service-Providing sector increased by 19,700 jobs in November and had a total gain of 328,900 jobs in the past year. This sector increased at a 2.8% annual rate. The Professional and Business Services sector had the most job growth with an additional 9,900 jobs increasing at a 2.4% annual rate. The Education and Health Services sector, which had an annual increasing rate of 5.0%, had the second most job gains in November with an estimated 5,100 employees.

Cities:

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View the documents below to see the Regional Employment Change Estimates and more in depth information:

1. November 2023 Labor Market Report WFS Lower Rio Narrative

Hidalgo, Cameron, and Webb Counties’ Metropolitan Statistical Areas (MSA)

4. Visualization Report Nov 23
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