Civilian Labor Force (CLF): The most recent civilian labor force estimates from TWC for Texas statewide in September 2014 is 13,044,241 which is an increase in the labor force of 162,375 persons since September 2013. This represents a 1.3 percent change in Texas during this time period. These estimates are not seasonally adjusted. Gillespie County had a civilian labor force of 14,244 for September 2014 which was a change of 176 in CLF since September 2013. This change represented an increase of 1.3 percent for the study area. For another glimpse into TWC/LMI’s Texas and County information, link to: http://www.tracer2.com/cgi/dataanalysis/AreaSelection.asp?tableName=Labforce.
Economic Diversification: Relative to the Texas economy, the LMCI economic diversification index measures the degree to which a county economy is diversified. Significant concentrations of employment in only one or two industrial sectors makes an area less diversified and more susceptible to widespread economic decline should a key sector suffer a significant loss. While economic diversification or a balanced distribution of employment across all major industry sectors, is generally desirable, in some cases, especially where a region is exploiting a comparative advantage (such as access to raw materials, access to transportation routes, etc.) a statistically diverse economy does not necessarily correlate with higher growth. Of the three levels of diversification ranging from below average, average and above average, Gillespie County had an economic base which is of average diversity.
Employment By Major Industry Sector: The most recent employment data from TWC by major industrial sector for Gillespie County compared to Texas are shown below in a table for two years. The Department of Labor calls these major categories “Super Sectors”. One advantage in reviewing employment changes at broad industrial levels is that it allows for a unique snapshot of major differences in the total employment for a selected study area when compared to any larger statewide trend. When employment changes at a higher rate than the state, there may be comparative advantages in the local economy which are driving these changes. Conversely, when change is at a lower rate, then the Super Sector is showing less change in comparison to the state and may consequently have a smaller comparative change impact.
Compared to Texas, the table above shows employment sectors in Gillespie County changed at a higher rate for Construction, Trade, Transport. & Utilities, Information, Financial Activities Group, Other Services and Public Administration between 1st quarter 2013 and 1st quarter 2014. During that same time period, area employment for Manufacturing, Prof., Business & Other Svcs, Education & Health Svcs. and Leisure & Hospitality Group changed at a lower rate when compared to Texas.
(January 20, 2017) San Antonio, Texas – Workforce Solutions Alamo released information today indicating that the Gillespie County unemployment holds steady at 2.7 percent for December.
Gillespie County’s unemployment rate registered lower than the overall jobless rate of 3.7 percent for the 12-county Workforce Solutions Alamo area, which includes Atascosa, Bandera, Bexar, Comal, Frio, Gillespie, Guadalupe, Karnes, Kendall, Kerr, Medina and Wilson counties. Gillespie County registered the lowest unemployment rate amongst the counties while Atascosa County registered the highest rate at 5.0 percent.
Comparing the Workforce Solutions Alamo metro area to the state and nation, the Texas unadjusted (actual) unemployment rate rose to 4.6 percent in December. The nation’s unadjusted (actual) unemployment rate increased to 4.5 percent in December. Comparatively, the state and nation released seasonally adjusted unemployment rates, with Texas holding steady at 4.6 percent in December while the nation’s unemployment rate rose to 4.7 percent.
The mission of Workforce Solutions Alamo involves working to strengthen the Alamo regional economy by growing and connecting talent pipelines to employers. Workforce Solutions Alamo reaches over 8,000 businesses and more than 2.0 million residents in the City of San Antonio and the counties of Atascosa, Bandera, Bexar, Comal, Frio, Guadalupe, Gillespie, Karnes, Kerr, Kendall, Medina and Wilson counties. For more information on available workforce programs and services, visit our website at www.workforcesolutionsalamo.org.
Note: Only the actual/unadjusted series unemployment rate estimates for Texas and the US are comparable to sub-state unemployment rates, taking into account seasonal changes. Adjusted rates are calculated by smoothing out the changes in unemployment due to the typical seasonal hirings and layoffs. Rates reported are estimates and changes in previously reported rates can occur with BLS readjustments.