Overall unemployment rate moved up to 3.2% with the biggest shift in Business Services, which gained 500 roles, based on the most recently available information published in August 2022.
Total employment in the Evansville, IN-KY market rose by 1,092 jobs in June and the unemployment rate increased compared to the prior month by 70 bps to 3.2%. The national unemployment rate increased by 46 bps over the same time to 3.8%.
- Evansville, IN-KY unemployment rate is 64 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) grew in June versus prior month by 10.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Transportation & Utilities: 30,900; -100
- Education & Healthcare: 28,500; +200
- Manufacturing: 22,300; no change
- Business Services: 20,400; +500
- Government: 16,000; -400
- Restaurants & Hotels: 15,800; +300
- Construction, Mining: 9,300; -200
- Other Jobs: 7,000; +100
- Financial Services: 6,100; no change
- IT & Development: 1,500; no change
Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.