Overall unemployment rate moved down to 4.1% with the biggest shift in Government, which lost 1,100 roles, based on the most recently available information published in September 2021.
Total employment in the Evansville, IN-KY market declined by 1,089 jobs in July and the unemployment rate decreased compared to the prior month by 50 bps to 4.1%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Evansville, IN-KY unemployment rate is 156 bps below the national rate which is a positive sign.
- Unemployment in the market is 390 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 9.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.0%. Key sectors include:
- Transportation & Utilities: 30,200; +200
- Education & Healthcare: 27,200; -200
- Manufacturing: 23,200; -300
- Business Services: 18,400; no change
- Government: 14,500; -1,100
- Restaurants & Hotels: 13,900; -100
- Construction, Mining: 8,500; -100
- Other Jobs: 6,600; no change
- Financial Services: 5,800; no change
- IT & Development: 1,600; +100
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.