Overall unemployment rate moved up to 6.8% with the biggest shift in Transportation & Utilities, which lost 1,100 roles, based on the most recently available information published in March 2021.
Total employment in the Davenport-Moline-Rock Island, IA-IL market declined by 3,698 jobs in January and the unemployment rate increased compared to the prior month by 170 bps to 6.8%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Davenport-Moline-Rock Island, IA-IL unemployment rate is 1 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) declined in January versus prior month by -1.7% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.5%. Key sectors include:
- Transportation & Utilities: 36,000; -1,100
- Education & Healthcare: 25,500; -300
- Government: 24,300; -500
- Business Services: 23,000; -1,000
- Manufacturing: 22,100; -200
- Restaurants & Hotels: 15,900; -500
- Construction, Mining: 8,700; -700
- Other Jobs: 7,400; -100
- Financial Services: 7,200; no change
- IT & Development: 1,300; no change
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.