Overall unemployment rate moved down to 6.0% with the biggest shift in Government, which gained 400 roles, based on the most recently available information published in September 2021.
Total employment in the Gulfport-Biloxi-Pascagoula, MS market declined by 282 jobs in August and the unemployment rate decreased compared to the prior month by 80 bps to 6.0%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Gulfport-Biloxi-Pascagoula, MS unemployment rate is 71 bps above the national rate which is a negative sign.
- Unemployment in the market is 220 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 2.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Government: 35,100; +400
- Restaurants & Hotels: 31,000; -100
- Transportation & Utilities: 24,900; +200
- Manufacturing: 17,900; no change
- Business Services: 16,600; +300
- Education & Healthcare: 12,500; +300
- Construction, Mining: 7,000; -100
- Other Jobs: 5,200; no change
- Financial Services: 5,100; +100
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.