Overall unemployment rate moved up to 4.2% with the biggest shift in Restaurants & Hotels, which gained 900 roles, based on the most recently available information published in June 2021.
Total employment in the Evansville, IN-KY market rose by 579 jobs in May and the unemployment rate increased compared to the prior month by 20 bps to 4.2%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Evansville, IN-KY unemployment rate is 130 bps below the national rate which is a positive sign.
- Unemployment in the market is 680 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 6.6% 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: 29,500; -100
- Education & Healthcare: 27,500; +100
- Manufacturing: 23,000; -200
- Business Services: 18,600; -200
- Government: 15,700; -100
- Restaurants & Hotels: 14,400; +900
- Construction, Mining: 9,000; +300
- Other Jobs: 6,600; +100
- Financial Services: 5,700; no change
- IT & Development: 1,600; 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.