Tyler Job Market: Stable & Diverse Amid Economic Pressures

**Tyler Job Market Shows "Impressive Stability" Amid Broader Economic Slowdown, Economist Says**

**TYLER, Texas** – Tyler's job market is demonstrating "impressive job stability" even as Texas faces broader economic pressures, according to a new analysis by economist Dr. Ray Perryman of The Perryman Group. The findings highlight Tyler's resilience and diverse economic foundation.

The Perryman Group's analysis, released recently, indicates that Tyler experienced approximately 1.6% job growth between October 2022 and October 2023. While this rate is slightly slower than the overall Texas job growth of 2.8% during the same period, it remains respectable when compared to the U.S. average of 1.8%.

Dr. Perryman particularly emphasized Tyler's robust performance during the COVID-19 pandemic, noting that the city lost significantly fewer jobs and recovered more quickly than the rest of the state. He attributes this resilience to Tyler's highly diversified economy, which boasts a strong mix of healthcare, education, manufacturing, energy, and government sectors. This blend, he explained, helps maintain economic steadiness.

Looking ahead, Dr. Perryman forecasts a slight cooling in Texas's job growth, projecting around 2.1% in 2024 and 1.6% in 2025. However, for Tyler, he predicts a continuation of its impressive stability, again thanks to its rock-solid industry mix. He placed Tyler in the same category of economic strength as major metros such as Dallas-Fort Worth, Houston, and Austin-Round Rock-San Marcos.

Perryman concluded that Tyler's economy is notably "insulated" from larger economic swings due to its diverse foundational sectors. Further details on The Perryman Group's economic analyses can be found at perrymangroup.com.