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. Medina County had a civilian labor force of 21,076 for September 2014 which was a change of 59 in CLF since September 2013. This change represented an increase of 0.3 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, Medina 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 Medina 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 Medina County changed at a higher rate for Natural Resources & Mining, Construction, Prof., Business & Other Svcs, Leisure & Hospitality Group and Public Administration between 1st quarter 2013 and 1st quarter 2014. During that same time period, area employment for Manufacturing, Trade, Transport. & Utilities, Financial Activities Group, Education & Health Svcs. and Other Services changed at a lower rate when compared to Texas.
Quarterly Workforce Indicators: The Quarterly Workforce Indicators (QWI) are derived from state administrative records and basic demographic information from the Census Bureau through a program called Local Employment Dynamics. Employment totals from the QWI are not exactly comparable with those from other sources. Generally, coverage and definitions differ between the QWI and data about establishments from administrative records (e.g., the Quarterly Census of Employment and Wages or QCEW), and about workers from surveys (e.g., the decennial census, the American Community Survey, and the Current Population Survey or CPS.) More specifically, the QWI capture the complexity of workforce dynamics. Because the LED data from which the QWI are derived include all the jobs a worker holds in each quarter, multiple definitions of employment are possible (just as there are multiple definitions of unemployment). The definitions include: (1) All jobs held in a quarter, regardless of length of time the job is held (2) Jobs held at the beginning of a quarter (3) Jobs held at the end of a quarter and (4) Jobs held for a full quarter (the most stable measure of employment). For more information go to www.texasindustryprofiles.com/apps/led/QWI.asp.
New Hires: New hires represent workers at a business who were not working at that same business in the previous quarter. These data answer the question of which industries are doing the most hiring. It does not say anything about job quality, simply hiring activity. New hires as a percent of total employment points to the employment volatility of an industry. Although a high percentage of new hires could indicate rapid hiring activity typically higher numbers represent more volatile, high turnover industries.
(January 20, 2017) San Antonio, Texas – Workforce Solutions Alamo released information today indicating that the Medina County unemployment rate rose to 4.3 percent in December from 4.0 percent in November.
Medina County’s unemployment rate registered higher 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 at 2.7 percent 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 increased 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.