Department of Numbers

Laredo, Texas Unemployment

The BLS reported that the unemployment rate for Laredo fell 0.1 percentage points in November 2023 to 4.1%. For the same month, the metro unemployment rate was 0.0 percentage points lower than the Texas rate. The unemployment rate in Laredo peaked in May 2020 at 13.2% and is now 9.1 percentage points lower. From a post peak low of 3.9% in July 2022, the unemployment rate has now grown by 0.2 percentage points. You can also compare Laredo unemployment with unemployment in other cities.

Unemployment Rate November 2023 Month/Month Year/Year
National 3.7% -0.1 +0.1
Texas 4.1% 0.0 +0.3
Laredo 4.1% -0.1 +0.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2023 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Laredo, Texas, National

Laredo, Texas monthly unemployment rate chart

Note: Recessions shown in gray.

Laredo, Texas Unemployed

The number of people unemployed in Laredo peaked in May 2020 at 15,112. There are now 10,220 fewer people unemployed in the metropolitan area. From a recent trough of 4,528 in August 2022, the number of unemployed has now grown by 364. Laredo employment and jobs data (including jobs lost/gained in Laredo, Texas) is also available.

Unemployed Persons November 2023 Month/Month Year/Year
Laredo 4,892 -94 +320

Number of Unemployed Persons

Laredo, Texas Unemployment History

Date National
Unemployment Rate
Texas
Unemployment Rate
Laredo
Unemployment Rate
Laredo
Unemployed
December
2023
3.7%
November
2023
3.7% 4.1% 4.1% 4,892
October
2023
3.8% 4.1% 4.2% 4,986
September
2023
3.8% 4.1% 4.2% 5,017
August
2023
3.8% 4.1% 4.2% 5,051
July
2023
3.5% 4.1% 4.2% 5,033
June
2023
3.6% 4.1% 4.2% 5,031
May
2023
3.7% 4.1% 4.3% 5,113
April
2023
3.4% 4.0% 4.2% 5,019
March
2023
3.5% 4.0% 4.2% 4,985
February
2023
3.6% 4.0% 4.1% 4,856
January
2023
3.4% 3.9% 4.0% 4,660

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.