Overall unemployment rate moved up to 4.4% with the biggest shift in Government, which lost 1,200 roles, based on the most recently available information published in July 2021.
Total employment in the Crestview-Fort Walton Beach-Destin, FL market rose by 957 jobs in June and the unemployment rate increased compared to the prior month by 80 bps to 4.4%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Crestview-Fort Walton Beach-Destin, FL unemployment rate is 169 bps below the national rate which is a positive sign.
- Unemployment in the market is 270 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 4.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:
- Restaurants & Hotels: 22,700; +800
- Transportation & Utilities: 20,300; +100
- Government: 19,700; -1,200
- Business Services: 19,400; no change
- Education & Healthcare: 12,300; -100
- Financial Services: 7,400; +100
- Construction, Mining: 7,100; +100
- Other Jobs: 4,900; no change
- Manufacturing: 3,500; no change
- IT & Development: 1,300; no change