Overall unemployment rate moved down to 5.9% with the biggest shift in Construction, Mining, which gained 1,200 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 1,003 jobs in March and the unemployment rate decreased compared to the prior month by 40 bps to 5.9%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- Davenport-Moline-Rock Island, IA-IL unemployment rate is 28 bps below the national rate which is a positive sign.
- Unemployment in the market is 150 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in March versus prior month by 6.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.4% . Key sectors include:
- Transportation & Utilities: 35,600; +100
- Education & Healthcare: 26,600; +100
- Government: 25,200; +500
- Business Services: 23,200; +200
- Manufacturing: 22,000; +100
- Restaurants & Hotels: 16,500; +200
- Construction, Mining: 9,700; +1,200
- Other Jobs: 7,500; no change
- Financial Services: 7,100; no change
- IT & Development: 1,300; no change
Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.