Department of Numbers

Laredo, Texas Unemployment

The BLS reported that the unemployment rate for Laredo fell 0.0 percentage points in January 2023 to 4.1%. For the same month, the metro unemployment rate was 0.2 percentage points higher than the Texas rate. The unemployment rate in Laredo peaked in May 2020 at 13.3% and is now 9.2 percentage points lower. From a post peak low of 4.1% in September 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Laredo unemployment with unemployment in other cities.

Unemployment Rate January 2023 Month/Month Year/Year
National 3.4% -0.1 -0.6
Texas 3.9% +0.1 -0.4
Laredo 4.1% 0.0 -1.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2023 data as February 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 15,114. There are now 10,283 fewer people unemployed in the metropolitan area. From a recent trough of 4,801 in December 2022, the number of unemployed has now grown by 30. Laredo employment and jobs data (including jobs lost/gained in Laredo, Texas) is also available.

Unemployed Persons January 2023 Month/Month Year/Year
Laredo 4,831 +30 -1,394

Number of Unemployed Persons

Laredo, Texas Unemployment History

Date National
Unemployment Rate
Texas
Unemployment Rate
Laredo
Unemployment Rate
Laredo
Unemployed
February
2023
3.6%
January
2023
3.4% 3.9% 4.1% 4,831
December
2022
3.5% 3.8% 4.1% 4,801
November
2022
3.6% 3.8% 4.1% 4,828
October
2022
3.7% 3.9% 4.1% 4,847
September
2022
3.5% 3.8% 4.1% 4,879
August
2022
3.7% 3.7% 4.2% 5,003
July
2022
3.5% 3.8% 4.4% 5,135
June
2022
3.6% 3.8% 4.5% 5,301
May
2022
3.6% 3.8% 4.6% 5,470
April
2022
3.6% 3.8% 4.8% 5,624
March
2022
3.6% 3.9% 5.0% 5,849

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.