Sherman-Denison, Texas Unemployment
The BLS reported that the unemployment rate for Sherman fell 0.0 percentage points in January 2021 to 5.7%. For the same month, the metro unemployment rate was 1.1 percentage points lower than the Texas rate. The unemployment rate in Sherman peaked in April 2020 at 10.7% and is now 5.0 percentage points lower. From a post peak low of 4.9% in August 2020, the unemployment rate has now grown by 0.8 percentage points. You can also compare Sherman unemployment with unemployment in other cities.
| Unemployment Rate | January 2021 | Month/Month | Year/Year |
|---|---|---|---|
| National | 6.3% | -0.4 | +2.8 |
| Texas | 6.8% | -0.1 | +3.2 |
| Sherman | 5.7% | 0.0 | +2.6 |
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 6,376. There are now 2,641 fewer people unemployed in the metropolitan area. From a recent trough of 3,207 in August 2020, the number of unemployed has now grown by 528. Sherman employment and jobs data (including jobs lost/gained in Sherman, Texas) is also available.
| Unemployed Persons | January 2021 | Month/Month | Year/Year |
|---|---|---|---|
| Sherman | 3,735 | -4 | +1,728 |
Number of Unemployed Persons
Sherman, Texas Unemployment History
| Date | National Unemployment Rate |
Texas Unemployment Rate |
Sherman Unemployment Rate |
Sherman Unemployed |
|---|---|---|---|---|
| March 2021 |
6.0% | — | — | — |
| February 2021 |
6.2% | 6.9% | — | — |
| January 2021 |
6.3% | 6.8% | 5.7% | 3,735 |
| December 2020 |
6.7% | 6.9% | 5.7% | 3,739 |
| November 2020 |
6.7% | 7.2% | 6.3% | 4,088 |
| October 2020 |
6.9% | 7.3% | 5.2% | 3,341 |
| September 2020 |
7.8% | 7.9% | 6.1% | 3,946 |
| August 2020 |
8.4% | 6.9% | 4.9% | 3,207 |
| July 2020 |
10.2% | 9.3% | 5.7% | 3,595 |
| June 2020 |
11.1% | 10.2% | 6.3% | 3,966 |
| May 2020 |
13.3% | 11.6% | 9.9% | 6,000 |
| April 2020 |
14.8% | 12.9% | 10.7% | 6,376 |
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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