Overall unemployment rate moved up to 3.2% with the biggest shift in Transportation & Utilities, which gained 500 roles, based on the most recently available information published in February 2022.
Total employment in the Gulfport-Biloxi-Pascagoula, MS market rose by 834 jobs in December and the unemployment rate increased compared to the prior month by 10 bps to 3.2%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Gulfport-Biloxi-Pascagoula, MS unemployment rate is 49 bps below the national rate which is a positive sign.
- Unemployment in the market is 370 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in December versus prior month by 2.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Government: 35,600; -200
- Restaurants & Hotels: 30,100; -300
- Transportation & Utilities: 26,300; +500
- Manufacturing: 18,400; +100
- Business Services: 17,200; +500
- Education & Healthcare: 12,900; no change
- Construction, Mining: 7,400; +100
- Other Jobs: 5,200; no change
- Financial Services: 5,100; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through December 2021 (Data published February 2022 and reports created on February 4, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.