Local Jobs Report, May 2022: Houston

The PeopleReady Local Jobs Report provides a snapshot of jobs, hiring and wage growth trends for specific local markets.

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Throughout the Houston area, businesses in sectors such as retail, manufacturing and hospitality report a shortage of job applicants. With a tight labor market spurring competition for front-line and entry level workers, the number of job postings has soared to record levels. Meanwhile, many area employers are boosting wages to attract and retain workers.

Houston market snapshot

MARCH 2022*

JOBS ADDED: +6,100 month over month

UNEMPLOYMENT RATE: 5.0%, down from 5.3% in February 2022

WAGE CHANGE: +5.2% year over year

  • Compensation costs for private industry workers increased 1.1% YoY in the Houston area.
  • Nonfarm wage and salary employment in the Houston area is up 0.2% MoM.
  • The unemployment rate in the U.S. is 3.6%, compared to 5.0% in the Houston area.

*Note: Most recent data available.

SOURCES

  1. U.S. BLS, Local Area Unemployment Statistics
  2. Emsi, June 3, 2022

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