Overall unemployment rate moved down to 3.6% 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 1,922 jobs in May and the unemployment rate decreased compared to the prior month by 20 bps to 3.6%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Crestview-Fort Walton Beach-Destin, FL unemployment rate is 190 bps below the national rate which is a positive sign.
- Unemployment in the market is 680 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 4.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Restaurants & Hotels: 22,000; +400
- Government: 20,900; no change
- Transportation & Utilities: 20,200; +100
- Business Services: 19,400; -100
- Education & Healthcare: 12,400; +100
- Financial Services: 7,300; no change
- Construction, Mining: 7,100; no change
- Other Jobs: 4,900; no change
- Manufacturing: 3,500; +100
- IT & Development: 1,300; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.