Overall unemployment rate moved up to 6.5% with the biggest shift in Transportation & Utilities, which lost 600 roles, based on the most recently available information published in March 2021.
Total employment in the Gulfport-Biloxi-Pascagoula, MS market declined by 1,397 jobs in January and the unemployment rate increased compared to the prior month by 40 bps to 6.5%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Gulfport-Biloxi-Pascagoula, MS unemployment rate is 31 bps below the national rate which is a positive sign.
- Unemployment in the market is 110 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in January versus prior month by 0.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.7%. Key sectors include:
- Government: 34,400; -100
- Restaurants & Hotels: 28,400; -400
- Transportation & Utilities: 24,100; -600
- Manufacturing: 17,900; no change
- Business Services: 17,100; +300
- Education & Healthcare: 12,100; -100
- Construction, Mining: 7,100; -100
- Other Jobs: 5,100; no change
- Financial Services: 5,000; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.