- March 15, 2022
- Posted by: Stratford Team
- Category: Economy
The unemployment rate for Brazos, Burleson and Robertson counties was 3.8% in December, according to the university’s report, falling from 5.4% in December 2020.
Its was the third-lowest unemployment rate in the state and lower than both the national unemployment rate of 4% and the state unemployment rate of 5%.
Andrew Rettenmaier, executive associate director of the Private Enterprise Research Center, said the low unemployment rate is a positive sign for the area economy.
“The last time we had a 3.8% unemployment rate was in 2017. From 2017 to February 2020, our unemployment rate got down to around 2.7%, so we still have a higher unemployment rate than we’ve had,” Rettenmaier said.
Glen Brewer, president and CEO of the Bryan-College Station Chamber of Commerce said there is a shortage of workers in the area, particularly in the leisure and hospitality industry.
“Hopefully as COVID numbers dwindle down, there will be some more…
