Overall unemployment rate stayed flat at 3.4% with the biggest shift in Transportation & Utilities, which gained 100 roles, based on the most recently available information published in June 2021.
Total employment in the Gadsden, AL market rose by 5 jobs in May and the unemployment rate stayed flat. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Gadsden, AL unemployment rate is 210 bps below the national rate which is a positive sign.
- Unemployment in the market is 710 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 8.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:
- Education & Healthcare: 6,900; no change
- Transportation & Utilities: 6,700; +100
- Government: 5,100; no change
- Manufacturing: 4,400; no change
- Restaurants & Hotels: 3,600; +100
- Business Services: 3,500; +100
- Other Jobs: 1,500; no change
- Financial Services: 1,100; no change
- Construction, Mining: 1,000; no change
- IT & Development: 200; 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.