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 |
Unemployment Rate: Sherman, Texas, National
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. ↩
Department of Numbers
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