达拉斯联储：埃尔帕索经济指标显示就业小幅增长、失业率升至4.5%
El Paso Economic Indicators
埃尔帕索5月就业小幅增长，2月至5月薪资就业年化增长1.7%（1,500个岗位），失业率从4月的4.4%升至4.5%，连续第三个月上升。4月单户住宅许可数量基本不变；经平滑处理的贸易额三个月移动平均值升至1,704亿美元，较年初高16.3%。
July 02, 2025
| El Paso economy dashboard (May 2025) | |||
| Job growth (annualized) Feb.–May '25 |
Unemployment rate |
Avg. hourly earnings |
Avg. hourly earnings growth y/y |
| 1.7% | 4.5% | $24.13 | 5.4% |
Employment in El Paso grew slightly in May, while the unemployment rate ticked up further. The number of single-family housing permits was relatively unchanged in April, and trade volumes continued to trend upward.
Labor market
Employment grows
Payroll employment in El Paso increased an annualized 1.7 percent (1,500 jobs) from February through May (Chart 1). Government experienced the largest gains (400 jobs), followed by trade, transportation and utilities (380 jobs). Only professional and business services experienced a notable decline (-330 jobs). Year to date, payroll employment in El Paso has grown 1.9 percent.
Unemployment rate continues to edge up
El Paso’s unemployment rate ticked up further in May to 4.5 percent from 4.4 percent in April (Chart 2). This is the third consecutive month that the unemployment rate has increased in the metro area. El Paso’s jobless rate remains above both the state (4.1 percent) and the nation (4.2 percent).
Housing
The three-month moving average of single-family housing permits was little changed in El Paso in April (Chart 3). Single-family housing permits (smoothed) were up 0.8 percent in El Paso compared to April 2024 but down 6.3 percent in Texas.
Trade
El Paso’s economy is highly dependent on international trade. The three-month moving average of smoothed trade volumes through El Paso grew to $170.4 billion in April, 16.3 percent higher than the start of the year (Chart 4). Both imports and exports have been climbing steadily. The three-month moving average of imports has grown 18.7 percent since December, and exports have risen 12.5 percent.
NOTE: Data may not match previously published numbers due to revisions. The El Paso metropolitan statistical area includes El Paso and Hudspeth counties.
About El Paso Economic Indicators
Questions or suggestions can be addressed to Isabel Brizuela at isabel.brizuela@dal.frb.org. El Paso Economic Indicators is published every month after state and metro employment data are released.
来源：达拉斯联储 · 经济更新 · dallasfed.org