Overall unemployment rate moved up to 6.3% with the biggest shift in Restaurants & Hotels, which gained 800 roles, based on the most recently available information published in June 2021.
Total employment in the Gulfport-Biloxi-Pascagoula, MS market rose by 539 jobs in May and the unemployment rate increased compared to the prior month by 20 bps to 6.3%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Gulfport-Biloxi-Pascagoula, MS unemployment rate is 80 bps above the national rate which is a negative sign.
- Unemployment in the market is 1,020 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in May versus prior month by -4.0% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Government: 34,700; -200
- Restaurants & Hotels: 29,600; +800
- Transportation & Utilities: 24,200; +600
- Manufacturing: 17,700; -100
- Business Services: 16,200; -100
- Education & Healthcare: 12,300; -100
- Construction, Mining: 7,000; no change
- Other Jobs: 5,100; no change
- Financial Services: 5,000; no change
- IT & Development: 1,200; +100
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.