Overall unemployment rate moved down to 3.7% with the biggest shift in Manufacturing, which lost 3,200 roles, based on the most recently available information published in December 2021.
Total employment in the Davenport-Moline-Rock Island, IA-IL market rose by 325 jobs in November and the unemployment rate decreased compared to the prior month by 30 bps to 3.7%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Davenport-Moline-Rock Island, IA-IL unemployment rate is 19 bps below the national rate which is a positive sign.
- Unemployment in the market is 160 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 5.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.8%. Key sectors include:
- Transportation & Utilities: 37,600; +600
- Government: 27,000; +100
- Education & Healthcare: 26,400; -600
- Business Services: 24,100; +300
- Manufacturing: 20,100; -3,200
- Restaurants & Hotels: 16,500; -400
- Construction, Mining: 11,100; -100
- Other Jobs: 7,700; no change
- Financial Services: 7,100; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.