The San Antonio-New Braunfels metropolitan area saw is unemployment rate for March drop to 7.3 percent as more employers began rehiring in response to the uptick in economic activity.
Total non-agricultural employment in the San Antonio-New Braunfels area expanded by 12,300 for the month, while annual job growth totaled 10,900 jobs over the last 12 months.
March’s employment gains are attributed to recovery in the leisure and hospitality sector as well as the trade, transportation and utilities sector. Leisure and hospitality sector added 4,100 jobs and trade, transportation and utilities added 3,500 jobs.
“Economic recovery is becoming more evident as jobs are added to our region,” says Workforce Solutions Alamo Communications Manager Eva Esquivel. “Every industry in the Alamo area shows a positive job gain, with only two industries showing no change. That is a different picture than what we saw last year.”
Construction added 1,300 jobs since February. This is the first job gain in construction in the last seven months. Professional and Business Services added 1,100 jobs over the month. Government gained 1,100 jobs over the month. Education and Health Services gained 700 jobs over the month. Mining and Logging and Financial Activities each gained 100 jobs over the months. And Other Services gained 300 jobs over the month.
Both Manufacturing and Information posted no changes over the month. The Texas unadjusted (actual) unemployment rate decreased to 8.1 percent in March, down from 8.2 percent in February. The nation’s unadjusted (actual) unemployment rate decreased to 9.2 percent in March, down from 9.5 percent in February.
Workforce Solutions Alamo provides employment services to more than 40,000 businesses and more than 2 million residents. The San Antonio-New Braunfels area consists of Atascosa, Bandera, Bexar, Comal, Guadalupe, Kendall, Medina and Wilson counties.
To Read More … San Antonio employers added more than 12,000 jobs in March | San Antonio Business Journal