Overall unemployment rate moved up to 2.7% with the biggest shift in Transportation & Utilities, which gained 200 roles, based on the most recently available information published in February 2022.
Total employment in the Sioux City, IA-NE-SD market declined by 99 jobs in December and the unemployment rate increased compared to the prior month by 30 bps to 2.7%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Sioux City, IA-NE-SD unemployment rate is 99 bps below the national rate which is a positive sign.
- Unemployment in the market is 110 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in December versus prior month by 2.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Transportation & Utilities: 18,700; +200
- Manufacturing: 17,900; +100
- Government: 10,500; no change
- Business Services: 8,500; +100
- Restaurants & Hotels: 7,700; 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.