Overall unemployment rate moved down to 2.6% with the biggest shift in Business Services, which gained 300 roles, based on the most recently available information published in December 2021.
Total employment in the Evansville, IN-KY market rose by 62 jobs in October and the unemployment rate decreased compared to the prior month by 30 bps to 2.6%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Evansville, IN-KY unemployment rate is 166 bps below the national rate which is a positive sign.
- Unemployment in the market is 210 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 6.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Transportation & Utilities: 30,300; no change
- Education & Healthcare: 27,700; +100
- Manufacturing: 23,400; +200
- Business Services: 19,100; +300
- Government: 15,600; no change
- Restaurants & Hotels: 12,400; -200
- Construction, Mining: 8,200; -100
- Other Jobs: 6,500; +100
- Financial Services: 5,800; no change
- IT & Development: 1,500; 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.