Overall unemployment rate moved down to 2.6% with the biggest shift in Restaurants & Hotels, which gained 100 roles, based on the most recently available information published in April 2023.
Total employment in the Anniston-Oxford-Jacksonville, AL market rose by 332 jobs in February and the unemployment rate decreased compared to the prior month by 20 bps to 2.6%. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- Anniston-Oxford-Jacksonville, AL unemployment rate is 129 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) declined in February versus prior month by -1.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Government: 12,300; no change
- Transportation & Utilities: 9,200; no change
- Manufacturing: 7,000; no change
- Restaurants & Hotels: 5,200; +100
- Education & Healthcare: 4,600; no change
- Business Services: 4,200; +100
- Other Jobs: 1,900; no change
- Financial Services: 1,400; no change
- Construction, Mining: 1,200; no change
- IT & Development: 400; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.