Overall unemployment rate stayed flat at 5.1% with the biggest shift in Restaurants & Hotels, which lost 600 roles, based on the most recently available information published in September 2021.
Total employment in the Davenport-Moline-Rock Island, IA-IL market declined by 3,812 jobs in August and the unemployment rate stayed flat. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Davenport-Moline-Rock Island, IA-IL unemployment rate is 19 bps below the national rate which is a positive sign.
- Unemployment in the market is 240 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 10.2% 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:
- Transportation & Utilities: 36,500; -400
- Education & Healthcare: 25,600; +400
- Government: 24,200; -200
- Business Services: 23,600; +100
- Manufacturing: 23,300; +200
- Restaurants & Hotels: 17,200; -600
- Construction, Mining: 11,000; +200
- Other Jobs: 7,700; -100
- Financial Services: 7,100; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.