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Beaumont - Port Arthur MSA March 2017

(Hardin, Jefferson, Newton, Orange)


Industry Composition Wages by Industry (in millions)
11% 3rd Quarter 2016
15%
$285.2 $327.7
Mining, Logging, and Construction
$57.4
Manufacturing
5% 13%
Trade, Transportation, and Utilities $66.7
Information

10% Financial Activities $234.4


Professional and Business Services $505.7
Education and Health Services

19% Leisure and Hospitality


Other Services $203.0
14%
Government $69.1
1% $329.9
9% 3% $15.1
Employment by Industry Industry Size Class September 2016
Monthly Change Annual Change Size Employees Number Employment % Total
Mar-17 Feb-17 Mar-16 Actual % Actual % Class per firm of Firms in Size Class Employment

Total Nonfarm 163,200 164,000 164,500 -800 -0.5% -1,300 -0.8% 9 1000+ 16 25,953 16.3%
Mining, Logging, and Construction 18,300 18,600 17,900 -300 -1.6% 400 2.2% 8 500-999 27 19,144 12.1%
Manufacturing 21,400 21,600 22,200 -200 -0.9% -800 -3.6% 7 250-499 57 19,754 12.4%
Trade, Transportation, and Utilities 30,700 30,800 32,400 -100 -0.3% -1,700 -5.3% 6 100-249 192 28,827 18.1%
Information 1,200 1,200 1,300 0 0.0% -100 -7.7% 5 50-99 276 19,185 12.1%
Financial Activities 5,500 5,500 5,600 0 0.0% -100 -1.8% 4 20-49 653 20,240 12.7%
Professional and Business Services 14,600 14,400 14,700 200 1.4% -100 -0.7% 3 10-19 858 11,695 7.4%
Education and Health Services 22,400 22,500 22,700 -100 -0.4% -300 -1.3% 2 5-9 1,218 8,077 5.1%
Leisure and Hospitality 15,800 15,900 15,900 -100 -0.6% -100 -0.6% 1 1-4 2,802 5,954 3.7%
Other Services 8,000 8,300 6,600 -300 -3.6% 1,400 21.2% 0 0 539 0 0.0%
Government 25,300 25,200 25,200 100 0.4% 100 0.4% Total 6,638 158,829 100.0%
Annual Growth Rate for Total Nonagricultural Employment
6.0%

4.0%

2.0%

0.0%

-2.0%

-4.0%

-6.0%

-8.0%
Sep-07

Dec-07

Sep-08

Dec-08

Sep-09

Dec-09

Sep-10

Dec-10

Sep-11

Dec-11

Sep-12

Dec-12

Sep-13

Dec-13

Sep-14

Dec-14

Sep-15

Dec-15

Sep-16

Dec-16
Mar-07

Mar-08

Mar-09

Mar-10

Mar-11

Mar-12

Mar-13

Mar-14

Mar-15

Mar-16

Mar-17
Jun-07

Jun-08

Jun-09

Jun-10

Jun-11

Jun-12

Jun-13

Jun-14

Jun-15

Jun-16
Unemployment Information (all estimates in thousands)
Beaumont - Port Arthur MSA Texas (Actual) United States (Actual)
C.L.F. Emp. Unemp. Rate C.L.F. Emp. Unemp. Rate C.L.F. Emp. Unemp. Rate
Mar-17 175.1 161.3 13.8 7.9 13,513.7 12,838.1 675.6 5.0 159,912.0 152,628.0 7,284.0 4.6
Feb-17 176.1 161.9 14.3 8.1 13,471.3 12,777.8 693.5 5.1 159,482.0 151,594.0 7,887.0 4.9
Mar-16 174.5 163.2 11.3 6.5 13,239.7 12,648.9 590.8 4.5 158,854.0 150,738.0 8,116.0 5.1
Historical Unemployment Rates
14.0%
Beaumont - Port Arthur MSA
12.0% Texas
10.0% U.S.

8.0%

6.0%

4.0%

2.0%

0.0%
Sep-07

Dec-07

Sep-08

Dec-08

Sep-09

Dec-09

Sep-10

Dec-10

Sep-11

Dec-11

Sep-12

Dec-12

Sep-13

Dec-13

Sep-14

Dec-14

Sep-15

Dec-15

Sep-16

Dec-16
Mar-07

Mar-08

Mar-09

Mar-10

Mar-11

Mar-12

Mar-13

Mar-14

Mar-15

Mar-16

Mar-17
Jun-07

Jun-08

Jun-09

Jun-10

Jun-11

Jun-12

Jun-13

Jun-14

Jun-15

Jun-16

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