Overall unemployment rate moved down to 4.0% with the biggest shift in Restaurants & Hotels, which gained 500 roles, based on the most recently available information published in June 2021.
Total employment in the Evansville, IN-KY market rose by 1,038 jobs in April and the unemployment rate decreased compared to the prior month by 40 bps to 4.0%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Evansville, IN-KY unemployment rate is 175 bps below the national rate which is a positive sign.
- Unemployment in the market is 1,120 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 4.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 29,600; -100
- Education & Healthcare: 27,400; -200
- Manufacturing: 23,000; +100
- Business Services: 18,800; -200
- Government: 15,800; +200
- Restaurants & Hotels: 13,600; +500
- Construction, Mining: 8,900; +400
- Other Jobs: 6,500; no change
- Financial Services: 5,700; no change
- IT & Development: 1,600; no change
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.