Department of Numbers

Odessa, Texas Unemployment

The BLS reported that the unemployment rate for Odessa fell 0.2 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 Odessa peaked in May 2020 at 16.1% and is now 12.0 percentage points lower. You can also compare Odessa 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
Odessa 4.1% -0.2 -2.4
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: 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 13,317. There are now 9,945 fewer people unemployed in the metropolitan area. Odessa employment and jobs data (including jobs lost/gained in Odessa, Texas) is also available.

Unemployed Persons January 2023 Month/Month Year/Year
Odessa 3,372 -128 -1,915

Number of Unemployed Persons

Odessa, Texas Unemployment History

Date National
Unemployment Rate
Texas
Unemployment Rate
Odessa
Unemployment Rate
Odessa
Unemployed
February
2023
3.6%
January
2023
3.4% 3.9% 4.1% 3,372
December
2022
3.5% 3.8% 4.3% 3,500
November
2022
3.6% 3.8% 4.4% 3,591
October
2022
3.7% 3.9% 4.6% 3,688
September
2022
3.5% 3.8% 4.7% 3,785
August
2022
3.7% 3.7% 4.9% 3,940
July
2022
3.5% 3.8% 5.0% 4,095
June
2022
3.6% 3.8% 5.3% 4,273
May
2022
3.6% 3.8% 5.5% 4,460
April
2022
3.6% 3.8% 5.8% 4,677
March
2022
3.6% 3.9% 6.0% 4,918

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.