Odessa, Texas Unemployment
The BLS reported that the unemployment rate for Odessa fell 0.1 percentage points in November 2023 to 3.3%. For the same month, the metro unemployment rate was 0.8 percentage points lower than the Texas rate. The unemployment rate in Odessa peaked in May 2020 at 16.0% and is now 12.7 percentage points lower. You can also compare Odessa 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 |
| Odessa | 3.3% | -0.1 | -0.2 |
Unemployment Rate: Odessa, Texas, National
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 10,425 fewer people unemployed in the metropolitan area. Odessa employment and jobs data (including jobs lost/gained in Odessa, Texas) is also available.
| Unemployed Persons | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Odessa | 2,891 | -44 | -60 |
Number of Unemployed Persons
Odessa, Texas Unemployment History
| Date | National Unemployment Rate |
Texas Unemployment Rate |
Odessa Unemployment Rate |
Odessa Unemployed |
|---|---|---|---|---|
| December 2023 |
3.7% | — | — | — |
| November 2023 |
3.7% | 4.1% | 3.3% | 2,891 |
| October 2023 |
3.8% | 4.1% | 3.4% | 2,935 |
| 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 |
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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