Overall unemployment rate moved down to 3.6% with the biggest shift in Transportation & Utilities, which gained 1,100 roles, based on the most recently available information published in November 2021.
Total employment in the Naples-Immokalee-Marco Island, FL market rose by 1,032 jobs in September and the unemployment rate decreased compared to the prior month by 60 bps to 3.6%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Naples-Immokalee-Marco Island, FL unemployment rate is 96 bps below the national rate which is a positive sign.
- Unemployment in the market is 230 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 17.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 29,400; +1,100
- Restaurants & Hotels: 25,300; +400
- Education & Healthcare: 24,000; +300
- Business Services: 19,900; -500
- Construction, Mining: 17,700; -400
- Government: 12,700; -200
- Financial Services: 8,900; -100
- Other Jobs: 8,400; +100
- Manufacturing: 5,200; no change
- IT & Development: 1,300; no change
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.