Labor

Number of Workers in Family

The Amarillo, TX has an average of 1.5 workers per family. This market subsequently ranks 68th in the number of workers per family across the 167 STI Markets. It has a location quotient of 0.99 time the national average of 1.5.

Workers In Family

Figure 31: Workers In Family

Labor Force

The Amarillo, TX ranks 73rd in labor force participation among the 167 STI Markets with 62.5% of those 16 plus in the labor force. Of those in the Labor force 1.39% are in the Armed Forces a value 1.8 times the national average resulting in an Armed Forces employment ranking of 30th across STI Markets.

In terms of overall employment size, the market ranks 27th with employment of 254,505.

Market Labor Force

Labor Force

Figure 32: Labor Force

Labor Force By County

Labor Force Comparison

Figure 33: Labor Force Comparison

Unemployment Rate of 2.5%

With an Unemployment Rate of 2.5% the Amarillo, TX currently ranks 147th in Unemployment among the 167 STI Markets.

UER Inequality - Moderate

The Amarillo, TX can current be classified as having Moderate level of variation across its Census Tracts. This classification is based on the Gini Coefficient of the market which is currently 0.4. Low (0 to .3), Moderate (.3 to .4), High (.4 to .6), Extreme (.6 to 1). The Gini Coefficient is often used to classify inequality. Across all STI Markets the Amarillo, TX ranks 80th. The interquartile range of the markets Census Tracts, that is its 25th percentile and 75th percentile values, are 1.3% and 3.7%, respectively.

Unemployment Rate 8 Quarter Trend

Unemployment Rate - 8Q

Figure 34: Unemployment Rate - 8Q

Unemployment Rate - Trend from 2007

Unemployment Rate

Figure 35: Unemployment Rate

Unemployment Thematic

Unemployment Thematic

Figure 36: Unemployment Thematic