Department of Numbers

Sherman-Denison, Texas Unemployment

The BLS reported that the unemployment rate for Sherman rose 0.1 percentage points in March 2023 to 3.9%. For the same month, the metro unemployment rate was 0.1 percentage points lower than the Texas rate. The unemployment rate in Sherman peaked in April 2020 at 10.1% and is now 6.2 percentage points lower. From a post peak low of 3.6% in May 2022, the unemployment rate has now grown by 0.3 percentage points. You can also compare Sherman unemployment with unemployment in other cities.

Unemployment Rate March 2023 Month/Month Year/Year
National 3.5% -0.1 -0.1
Texas 4.0% 0.0 +0.1
Sherman 3.9% +0.1 +0.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with March 2023 data as April metro level unemployment data has not yet been released.

Unemployment Rate: Sherman, Texas, National

Sherman, Texas monthly unemployment rate chart

Note: Recessions shown in gray.

Sherman, Texas Unemployed

The number of people unemployed in Sherman peaked in April 2020 at 6,068. There are now 3,459 fewer people unemployed in the metropolitan area. From a recent trough of 2,388 in June 2022, the number of unemployed has now grown by 221. Sherman employment and jobs data (including jobs lost/gained in Sherman, Texas) is also available.

Unemployed Persons March 2023 Month/Month Year/Year
Sherman 2,609 +72 +168

Number of Unemployed Persons

Sherman, Texas Unemployment History

Date National
Unemployment Rate
Texas
Unemployment Rate
Sherman
Unemployment Rate
Sherman
Unemployed
April
2023
3.4%
March
2023
3.5% 4.0% 3.9% 2,609
February
2023
3.6% 4.0% 3.8% 2,537
January
2023
3.4% 3.9% 3.7% 2,434
December
2022
3.5% 3.8% 3.6% 2,396
November
2022
3.6% 3.8% 3.6% 2,396
October
2022
3.7% 3.9% 3.6% 2,397
September
2022
3.5% 3.8% 3.6% 2,398
August
2022
3.7% 3.7% 3.6% 2,396
July
2022
3.5% 3.8% 3.6% 2,390
June
2022
3.6% 3.8% 3.6% 2,388
May
2022
3.6% 3.8% 3.6% 2,395

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.