Overall unemployment rate moved down to 3.4% with the biggest shift in Education & Healthcare, which gained 200 roles, based on the most recently available information published in April 2021.
Total employment in the Naples-Immokalee-Marco Island, FL market rose by 1,707 jobs in February and the unemployment rate decreased compared to the prior month by 30 bps to 3.4%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Naples-Immokalee-Marco Island, FL unemployment rate is 315 bps below the national rate which is a positive sign.
- Unemployment in the market is 60 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 20.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Restaurants & Hotels: 29,200; +100
- Transportation & Utilities: 28,600; +100
- Education & Healthcare: 24,000; +200
- Business Services: 19,000; no change
- Construction, Mining: 17,600; -100
- Government: 13,600; no change
- Other Jobs: 8,800; +100
- Financial Services: 8,700; no change
- Manufacturing: 5,000; +100
- IT & Development: 1,300; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.