Overall unemployment rate moved up to 3.9% with the biggest shift in Education & Healthcare, which gained 700 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 987 jobs in October and the unemployment rate increased compared to the prior month by 10 bps to 3.9%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Davenport-Moline-Rock Island, IA-IL unemployment rate is 36 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 October versus prior month by 10.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.6% . Key sectors include:
- Transportation & Utilities: 36,800; +400
- Education & Healthcare: 27,000; +700
- Government: 26,900; +500
- Business Services: 23,700; +400
- Manufacturing: 23,600; +300
- Restaurants & Hotels: 17,000; +200
- Construction, Mining: 11,200; +200
- Other Jobs: 7,700; +100
- Financial Services: 7,100; +100
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.