Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + San Antonio  + Hospitality  | 

San Antonio Job Growth by Industry Demonstrates Mixed Bag

The Federal Reserve Bank of Dallas recently reported that while San Antonio’s metro unemployment rate ticked down, jobs contracted. The metro’s unemployment rate fell in January to 6.3 percent, compared with state and national unemployment rates also declining in January to 6.8 and 6.3 percent, respectively.

Job growth by industry was mixed in recent months. The Texas Workforce Commission recently released the annual benchmark revision to job growth from April 2019 to September 2020. This resulted in a revision to the Dallas Fed estimate of 2020 job growth from -6.4 percent to -4.3 percent for San Antonio. Employment decreased across all sectors in 2020, with the most significant declines occurring in mining, and leisure and hospitality.

Connect

Inside The Story

Learn More About San Antonio Indicators

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Economy