Overall unemployment rate moved down to 5.0% with the biggest shift in Construction, Mining, which gained 700 roles, based on the most recently available information published in June 2021.
Total employment in the Davenport-Moline-Rock Island, IA-IL market rose by 1,842 jobs in May and the unemployment rate decreased compared to the prior month by 70 bps to 5.0%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Davenport-Moline-Rock Island, IA-IL unemployment rate is 50 bps below the national rate which is a positive sign.
- Unemployment in the market is 900 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 4.1% and are down 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: 36,600; +600
- Education & Healthcare: 26,300; -400
- Government: 25,600; +300
- Business Services: 23,500; +300
- Manufacturing: 22,600; +300
- Restaurants & Hotels: 16,600; +600
- Construction, Mining: 10,700; +700
- Other Jobs: 7,700; +100
- Financial Services: 7,100; no change
- IT & Development: 1,300; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.