Department of Numbers

Odessa, Texas Unemployment

The BLS reported that the unemployment rate for Odessa fell 0.0 percentage points in September 2023 to 3.4%. For the same month, the metro unemployment rate was 0.7 percentage points lower than the Texas rate. The unemployment rate in Odessa peaked in May 2020 at 16.0% and is now 12.6 percentage points lower. From a post peak low of 3.4% in June 2023, the unemployment rate has now grown by 0.0 percentage points. You can also compare Odessa unemployment with unemployment in other cities.

Unemployment Rate September 2023 Month/Month Year/Year
National 3.8% 0.0 +0.3
Texas 4.1% 0.0 +0.3
Odessa 3.4% 0.0 -0.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2023 data as October metro level unemployment data has not yet been released.

Unemployment Rate: Odessa, Texas, National

Odessa, Texas monthly unemployment rate chart

Note: Recessions shown in gray.

Odessa, Texas Unemployed

The number of people unemployed in Odessa peaked in May 2020 at 13,316. There are now 10,387 fewer people unemployed in the metropolitan area. Odessa employment and jobs data (including jobs lost/gained in Odessa, Texas) is also available.

Unemployed Persons September 2023 Month/Month Year/Year
Odessa 2,929 -19 -12

Number of Unemployed Persons

Odessa, Texas Unemployment History

Date National
Unemployment Rate
Texas
Unemployment Rate
Odessa
Unemployment Rate
Odessa
Unemployed
October
2023
3.9% 4.1%
September
2023
3.8% 4.1% 3.4% 2,929
August
2023
3.8% 4.1% 3.4% 2,948
July
2023
3.5% 4.1% 3.4% 2,941
June
2023
3.6% 4.1% 3.4% 2,967
May
2023
3.7% 4.1% 3.6% 3,068
April
2023
3.4% 4.0% 3.6% 3,071
March
2023
3.5% 4.0% 3.6% 3,106
February
2023
3.6% 4.0% 3.6% 3,075
January
2023
3.4% 3.9% 3.5% 2,978
December
2022
3.5% 3.8% 3.5% 2,956
November
2022
3.6% 3.8% 3.5% 2,951

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.