Overall unemployment rate stayed flat at 3.7% with the biggest shift in Manufacturing, which gained 3,000 roles, based on the most recently available information published in February 2022.
Total employment in the Davenport-Moline-Rock Island, IA-IL market declined by 2,462 jobs in December and the unemployment rate stayed flat. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Davenport-Moline-Rock Island, IA-IL unemployment rate is 1 bps above the national rate which is a negative 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 December versus prior month by 2.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.6% . Key sectors include:
- Transportation & Utilities: 37,900; +400
- Education & Healthcare: 27,000; +400
- Government: 26,700; -500
- Business Services: 24,300; +200
- Manufacturing: 23,100; +3,000
- Restaurants & Hotels: 16,200; -400
- Construction, Mining: 10,700; -300
- Other Jobs: 7,800; +100
- Financial Services: 7,100; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through December 2021 (Data published February 2022 and reports created on February 4, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.