Overall unemployment rate moved down to 3.6% with the biggest shift in Government, which lost 1,000 roles, based on the most recently available information published in September 2021.
Total employment in the Sioux City, IA-NE-SD market rose by 1,384 jobs in July and the unemployment rate decreased compared to the prior month by 70 bps to 3.6%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Sioux City, IA-NE-SD unemployment rate is 206 bps below the national rate which is a positive sign.
- Unemployment in the market is 180 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in July versus prior month by -1.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.3%. Key sectors include:
- Transportation & Utilities: 18,300; no change
- Manufacturing: 17,900; +200
- Government: 9,600; -1,000
- Business Services: 8,200; no change
- Restaurants & Hotels: 8,200; no change
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.