Overall unemployment rate moved down to 4.0% with the biggest shift in Transportation & Utilities, which gained 200 roles, based on the most recently available information published in September 2021.
Total employment in the Crestview-Fort Walton Beach-Destin, FL market rose by 1,598 jobs in July and the unemployment rate decreased compared to the prior month by 40 bps to 4.0%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Crestview-Fort Walton Beach-Destin, FL unemployment rate is 166 bps below the national rate which is a positive sign.
- Unemployment in the market is 310 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 8.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Restaurants & Hotels: 22,700; no change
- Transportation & Utilities: 20,700; +200
- Government: 19,800; +100
- Business Services: 19,400; no change
- Education & Healthcare: 12,200; -100
- Financial Services: 7,400; no change
- Construction, Mining: 7,100; no change
- Other Jobs: 4,900; no change
- Manufacturing: 3,500; no change
- IT & Development: 1,300; no change
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.