Overall unemployment rate moved up to 2.8% with the biggest shift in Transportation & Utilities, which lost 300 roles, based on the most recently available information published in March 2023.
Total employment in the Anniston-Oxford-Jacksonville, AL market declined by 660 jobs in January and the unemployment rate increased compared to the prior month by 40 bps to 2.8%. The national unemployment rate increased by 60 bps over the same time to 3.9%.
- Anniston-Oxford-Jacksonville, AL unemployment rate is 106 bps below the national rate which is a positive sign.
- Unemployment in the market is 120 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in January versus prior month by 4.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.0%. Key sectors include:
- Government: 12,300; no change
- Transportation & Utilities: 9,200; -300
- Manufacturing: 7,000; no change
- Restaurants & Hotels: 5,100; -100
- Education & Healthcare: 4,600; no change
- Business Services: 4,100; -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 January 2023 (Data published March 2023 and reports created on March 17, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.