Summary: Andrew Rettenmaier was quoted in an article by The Eagle newspaper that featured June’s issue of Economic Indicators on Monday, June 20, 2022.
In April, the unemployment rate for the College Station-Bryan metro area fell to 3.3% "Our unemployment rate is one of the lowest in the state," said Andrew Rettenmaier, executive associate director of the Private Enterprise Research Center. "It's second to the Austin-Round Rock and Amarillo MSAs which have a rate of 3%."
Another indicator of the local economy, nonfarm employment, increased 0.5% from March to April 2022. "What we like to keep an eye on is how it is relative to the employment that we saw back in February 2020, the pre-pandemic high," Rettenmaier said. "In April, local non-farm employment is up 2.3% relative to what it had been prior to the pandemic."
The article also includes the views of local restauranteurs and business owners.
Read the full article at The Eagle.
In April, the unemployment rate for the College Station-Bryan metro area fell to 3.3% "Our unemployment rate is one of the lowest in the state," said Andrew Rettenmaier, executive associate director of the Private Enterprise Research Center. "It's second to the Austin-Round Rock and Amarillo MSAs which have a rate of 3%."
Another indicator of the local economy, nonfarm employment, increased 0.5% from March to April 2022. "What we like to keep an eye on is how it is relative to the employment that we saw back in February 2020, the pre-pandemic high," Rettenmaier said. "In April, local non-farm employment is up 2.3% relative to what it had been prior to the pandemic."
The article also includes the views of local restauranteurs and business owners.
Read the full article at The Eagle.
