Overall unemployment rate moved down to 6.1% with the biggest shift in Transportation & Utilities, which lost 700 roles, based on the most recently available information published in April 2021.
Total employment in the Davenport-Moline-Rock Island, IA-IL market rose by 1,038 jobs in February and the unemployment rate decreased compared to the prior month by 90 bps to 6.1%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Davenport-Moline-Rock Island, IA-IL unemployment rate is 45 bps below the national rate which is a positive sign.
- Unemployment in the market is 210 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 0.8% 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:
- Transportation & Utilities: 35,400; -700
- Education & Healthcare: 26,000; +400
- Government: 24,600; +300
- Business Services: 23,100; no change
- Manufacturing: 22,000; +100
- Restaurants & Hotels: 16,500; +600
- Construction, Mining: 8,500; -200
- Other Jobs: 7,400; no change
- Financial Services: 7,100; -100
- IT & Development: 1,300; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.