Overall unemployment rate moved down to 2.3% with the biggest shift in Government, which gained 100 roles, based on the most recently available information published in December 2021.
Total employment in the Cape Girardeau, MO-IL market rose by 174 jobs in November and the unemployment rate decreased compared to the prior month by 40 bps to 2.3%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Cape Girardeau, MO-IL unemployment rate is 159 bps below the national rate which is a positive sign.
- Unemployment in the market is 130 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 4.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.5% . Key sectors include:
- Government: 6,800; +100
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.