Overall unemployment rate moved down to 3.8% with the biggest shift in Restaurants & Hotels, which gained 400 roles, based on the most recently available information published in June 2021.
Total employment in the Crestview-Fort Walton Beach-Destin, FL market rose by 983 jobs in April and the unemployment rate decreased compared to the prior month by 20 bps to 3.8%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Crestview-Fort Walton Beach-Destin, FL unemployment rate is 195 bps below the national rate which is a positive sign.
- Unemployment in the market is 1,020 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 2.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Restaurants & Hotels: 21,600; +400
- Government: 20,900; -200
- Transportation & Utilities: 20,200; -100
- Business Services: 19,500; +100
- Education & Healthcare: 12,300; no change
- Financial Services: 7,300; +100
- Construction, Mining: 7,100; no change
- Other Jobs: 4,900; +100
- Manufacturing: 3,400; no change
- IT & Development: 1,300; no change
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.