Overall unemployment rate moved down to 2.8% with the biggest shift in Government, which lost 200 roles, based on the most recently available information published in February 2022.
Total employment in the Sierra Vista-Douglas, AZ market declined by 380 jobs in December and the unemployment rate decreased compared to the prior month by 40 bps to 2.8%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Sierra Vista-Douglas, AZ unemployment rate is 89 bps below the national rate which is a positive sign.
- Unemployment in the market is 290 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in December versus prior month by -18.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.8%. Key sectors include:
- Government: 10,800; -200
- Transportation & Utilities: 6,600; no change
- Business Services: 4,800; -100
- Education & Healthcare: 4,300; -100
- Construction, Mining: 3,900; no change
- Restaurants & Hotels: 3,100; +100
- Financial Services: 900; no change
- Other Jobs: 700; no change
- Manufacturing: 700; no change
- IT & Development: 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.