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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.

• Labor Market and Career Information

May 2024 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 3.5 PERCENT

Workforce Solutions Alamo Releases May 2024 Job Market Information

(June 21, 2024) San Antonio, Texas – Workforce Solutions Alamo (WSA) reports that the May 2024 unemployment rate for the eight-county San Antonio-New Braunfels metropolitan statistical area (MSA) is 3.5 percent, higher than the 3.3 rate in April 2024. Since May of 2023, the MSA unemployment rate decreased two tenths of a point (0.2) over the year from the rate of 3.7 percent. The May 2024 unemployment rate for the San Antonio-New Braunfels metropolitan statistical area (MSA) is lower than the state’s not seasonally adjusted (actual) rate of 3.8 percent for May 2024. The civilian Labor force for the MSA decreased by 686 individuals over the month and increased by 31,604 individuals over the year.

Texas & The Nation (Actual Rates) Comparison

Labor Force Summary

The Texas not seasonally adjusted unemployment rate rose three tenths of a point over the month to 3.8 percent in May 2024 from 3.5 percent in April 2024. The unemployment rate declined by one tenth of a point (0.1) compared to a May 2023 rate of 3.9.

The U.S. not seasonally adjusted unemployment rate increased two tenths of a point over the month as it registered 3.7 percent in May 2024 while April 2024 registered a 3.5 rate. The May 2024 rate increased annually by three tenths of a point (0.3) from the May 2023 rate of 3.4 percent.

Texas & The Nation (Seasonally Adjusted Rates) Comparison

Labor Force Summary

The Texas seasonally adjusted unemployment rate was unchanged over the month and over the year at 4.0 percent in May 2024. Both the month of April of 2024 and the month of May of 2023 registered the same 4.0 rate.

The U.S. unemployment rate rose by a tenth of a point (0.1) over the month and increased by three tenths of a point (0.3) annually to 4.0 percent from a May 2023 rate of 3.7.

Jobs in the San Antonio-New Braunfels Metropolitan Statistical Area

Since May of 2023, 30,000 jobs were added to the MSA, resulting in an annual growth rate of 2.6 percent.

Eight of eleven major industries showed monthly gains: The industries adding jobs over the month were Leisure and Hospitality, Trade Transportation and Utilities, Construction, Government, Private Education and Health Services, Manufacturing, Professional and Business Services, and Other Services, while the Mining and Logging, Information, and Financial Activities remained steady.

Most industries achieved a positive annual growth rate.

No monthly job loss occurred in May of 2024 over the month, and most industries achieved a positive annual job gain and growth rate.

DOWNLOAD FULL MSA REPORT: – View PDF

Workforce Solutions Alamo Area Unemployment Rates Snapshot: