Overall unemployment rate moved down to 2.5% with the biggest shift in Government, which gained 1,000 roles, based on the most recently available information published in November 2021.
Total employment in the Sioux City, IA-NE-SD market rose by 694 jobs in September and the unemployment rate decreased compared to the prior month by 100 bps to 2.5%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Sioux City, IA-NE-SD unemployment rate is 206 bps below the national rate which is a positive sign.
- Unemployment in the market is 130 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 3.9% 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: 17,700; -200
- Manufacturing: 17,700; no change
- Government: 10,500; +1,000
- Business Services: 8,300; +100
- Restaurants & Hotels: 7,900; -200
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.