Overall unemployment rate moved down to 2.7% with the biggest shift in Transportation & Utilities, which gained 600 roles, based on the most recently available information published in February 2022.
Total employment in the Naples-Immokalee-Marco Island, FL market rose by 1,204 jobs in December and the unemployment rate decreased compared to the prior month by 20 bps to 2.7%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Naples-Immokalee-Marco Island, FL unemployment rate is 99 bps below the national rate which is a positive sign.
- Unemployment in the market is 20 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 8.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Transportation & Utilities: 31,100; +600
- Restaurants & Hotels: 30,300; +600
- Education & Healthcare: 24,500; -100
- Business Services: 19,800; -100
- Construction, Mining: 18,000; -600
- Government: 12,600; no change
- Financial Services: 9,200; +100
- Other Jobs: 8,800; no change
- Manufacturing: 5,300; no change
- IT & Development: 1,300; 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.