Department of Numbers

Waco, Texas Unemployment

The BLS reported that the unemployment rate for Waco fell 0.1 percentage points in November 2023 to 3.7%. For the same month, the metro unemployment rate was 0.4 percentage points lower than the Texas rate. The unemployment rate in Waco peaked in April 2020 at 10.4% and is now 6.7 percentage points lower. From a post peak low of 3.5% in June 2022, the unemployment rate has now grown by 0.2 percentage points. You can also compare Waco 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
Waco 3.7% -0.1 +0.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2023 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Waco, Texas, National

Waco, Texas monthly unemployment rate chart

Note: Recessions shown in gray.

Waco, Texas Unemployed

The number of people unemployed in Waco peaked in April 2020 at 12,310. There are now 7,265 fewer people unemployed in the metropolitan area. From a recent trough of 4,633 in August 2022, the number of unemployed has now grown by 412. Waco employment and jobs data (including jobs lost/gained in Waco, Texas) is also available.

Unemployed Persons November 2023 Month/Month Year/Year
Waco 5,045 -132 +366

Number of Unemployed Persons

Waco, Texas Unemployment History

Date National
Unemployment Rate
Texas
Unemployment Rate
Waco
Unemployment Rate
Waco
Unemployed
December
2023
3.7%
November
2023
3.7% 4.1% 3.7% 5,045
October
2023
3.8% 4.1% 3.8% 5,177
September
2023
3.8% 4.1% 3.8% 5,223
August
2023
3.8% 4.1% 3.8% 5,273
July
2023
3.5% 4.1% 3.8% 5,286
June
2023
3.6% 4.1% 3.9% 5,335
May
2023
3.7% 4.1% 4.0% 5,438
April
2023
3.4% 4.0% 4.0% 5,394
March
2023
3.5% 4.0% 3.9% 5,302
February
2023
3.6% 4.0% 3.8% 5,117
January
2023
3.4% 3.9% 3.6% 4,840

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.