Overall unemployment rate moved up to 2.2% with the biggest shift in Government, which gained 200 roles, based on the most recently available information published in June 2022.
Total employment in the Daphne-Fairhope-Foley, AL market rose by 1,019 jobs in May and the unemployment rate increased compared to the prior month by 40 bps to 2.2%. The national unemployment rate increased by 4 bps over the same time to 3.4%.
- Daphne-Fairhope-Foley, AL unemployment rate is 118 bps below the national rate which is a positive sign.
- Unemployment in the market is 60 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.9% . Key sectors include:
- Government: 10,700; +200
Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.