Department of Numbers

Laredo, Texas Unemployment

The BLS reported that the unemployment rate for Laredo rose 1.3 percentage points in November 2020 to 9.4%. For the same month, the metro unemployment rate was 1.3 percentage points higher than the Texas rate. The unemployment rate in Laredo peaked in May 2020 at 14.3% and is now 4.9 percentage points lower. From a post peak low of 8.0% in August 2020, the unemployment rate has now grown by 1.4 percentage points. You can also compare Laredo unemployment with unemployment in other cities.

Unemployment Rate November 2020 Month/Month Year/Year
National 6.7% -0.2 +3.1
Texas 8.1% +1.2 +4.6
Laredo 9.4% +1.3 +5.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2020 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 16,251. There are now 5,154 fewer people unemployed in the metropolitan area. From a recent trough of 9,450 in October 2020, the number of unemployed has now grown by 1,647. Laredo employment and jobs data (including jobs lost/gained in Laredo, Texas) is also available.

Unemployed Persons November 2020 Month/Month Year/Year
Laredo 11,097 +1,647 +6,676

Number of Unemployed Persons

Laredo, Texas Unemployment History

Date National
Unemployment Rate		 Texas
Unemployment Rate		 Laredo
Unemployment Rate		 Laredo
Unemployed
December
2020		 6.7% 7.2% — —
November
2020		 6.7% 8.1% 9.4% 11,097
October
2020		 6.9% 6.9% 8.1% 9,450
September
2020		 7.8% 8.3% 9.6% 11,307
August
2020		 8.4% 6.8% 8.0% 9,529
July
2020		 10.2% 8.0% 9.1% 10,475
June
2020		 11.1% 8.4% 9.2% 10,574
May
2020		 13.3% 13.0% 14.3% 16,251
April
2020		 14.8% 13.5% 13.7% 14,733
March
2020		 4.4% 5.1% 5.6% 6,574
February
2020		 3.5% 3.5% 3.8% 4,507
January
2020		 3.5% 3.5% 3.7% 4,463

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. ↩

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