Overall unemployment rate stayed flat at 2.5% with the biggest shift in Restaurants & Hotels, which lost 200 roles, based on the most recently available information published in December 2021.
Total employment in the Sioux City, IA-NE-SD market rose by 395 jobs in October and the unemployment rate stayed flat. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Sioux City, IA-NE-SD unemployment rate is 176 bps below the national rate which is a positive sign.
- Unemployment in the market is 70 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in October versus prior month by 3.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:
- Transportation & Utilities: 17,900; +100
- Manufacturing: 17,700; no change
- Government: 10,600; +100
- Business Services: 8,200; -100
- Restaurants & Hotels: 7,700; -200
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.