Overall unemployment rate moved down to 3.1% with the biggest shift in Transportation & Utilities, which gained 900 roles, based on the most recently available information published in December 2021.
Total employment in the Gulfport-Biloxi-Pascagoula, MS market rose by 935 jobs in November and the unemployment rate decreased compared to the prior month by 90 bps to 3.1%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Gulfport-Biloxi-Pascagoula, MS unemployment rate is 79 bps below the national rate which is a positive sign.
- Unemployment in the market is 360 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 1.1% 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:
- Government: 35,900; +500
- Restaurants & Hotels: 30,500; +100
- Transportation & Utilities: 26,200; +900
- Manufacturing: 18,300; +100
- Business Services: 16,700; -300
- 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 November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.