Overall unemployment rate stayed flat at 3.8% with the biggest shift in Government, which lost 500 roles, based on the most recently available information published in September 2022.
Total employment in the Davenport-Moline-Rock Island, IA-IL market declined by 2,639 jobs in August and the unemployment rate stayed flat. The national unemployment rate stayed flat over the same time period at 3.8%.
- Davenport-Moline-Rock Island, IA-IL unemployment rate is 1 bps above the national rate which is a negative 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 August versus prior month by 6.8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.3%. Key sectors include:
- Transportation & Utilities: 38,200; no change
- Business Services: 25,900; -400
- Education & Healthcare: 25,100; +200
- Manufacturing: 24,700; -100
- Government: 24,200; -500
- Restaurants & Hotels: 21,500; +200
- Construction, Mining: 10,600; +100
- Other Jobs: 7,700; -100
- Financial Services: 7,200; +100
- IT & Development: 1,500; no change
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.