Overall unemployment rate moved up to 4.6% with the biggest shift in Restaurants & Hotels, which gained 3,600 roles, based on the most recently available information published in July 2021.
Total employment in the Portland-South Portland, ME market rose by 4,528 jobs in June and the unemployment rate increased compared to the prior month by 10 bps to 4.6%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Portland-South Portland, ME unemployment rate is 149 bps below the national rate which is a positive sign.
- Unemployment in the market is 80 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 3.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 3.1% . Key sectors include:
- Education & Healthcare: 42,300; -100
- Transportation & Utilities: 37,300; +1,400
- Business Services: 30,700; +700
- Restaurants & Hotels: 22,900; +3,600
- Government: 22,700; no change
- Financial Services: 16,900; +300
- Manufacturing: 14,900; +200
- Construction, Mining: 10,700; +200
- Other Jobs: 7,600; no change
- IT & Development: 3,000; no change
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.