Overall unemployment rate moved down to 3.5% with the biggest shift in Business Services, which gained 500 roles, based on the most recently available information published in June 2021.
Total employment in the Sioux City, IA-NE-SD market rose by 904 jobs in April and the unemployment rate decreased compared to the prior month by 60 bps to 3.5%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Sioux City, IA-NE-SD unemployment rate is 225 bps below the national rate which is a positive sign.
- Unemployment in the market is 600 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -4.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Transportation & Utilities: 18,200; +100
- Manufacturing: 17,500; -100
- Government: 10,400; no change
- Business Services: 8,400; +500
- Restaurants & Hotels: 7,400; +200
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.