Overall unemployment rate moved down to 3.8% with the biggest shift in Business Services, which gained 1,300 roles, based on the most recently available information published in June 2021.
Total employment in the Naples-Immokalee-Marco Island, FL market rose by 892 jobs in April and the unemployment rate decreased compared to the prior month by 20 bps to 3.8%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Naples-Immokalee-Marco Island, FL unemployment rate is 195 bps below the national rate which is a positive sign.
- Unemployment in the market is 1,050 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 18.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.1% . Key sectors include:
- Transportation & Utilities: 28,500; -200
- Restaurants & Hotels: 28,000; -1,000
- Education & Healthcare: 24,100; no change
- Business Services: 20,100; +1,300
- Construction, Mining: 17,900; no change
- Government: 13,700; no change
- Other Jobs: 8,800; no change
- Financial Services: 8,700; no change
- Manufacturing: 4,900; no change
- IT & Development: 1,300; no change
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.