Overall unemployment rate moved down to 3.2% with the biggest shift in Construction, Mining, which gained 400 roles, based on the most recently available information published in May 2023.
Total employment in the Evansville, IN-KY market rose by 1,939 jobs in March and the unemployment rate decreased compared to the prior month by 20 bps to 3.2%. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Evansville, IN-KY unemployment rate is 42 bps below the national rate which is a positive sign.
- Unemployment in the market is equal to the unemployment rate in the market last year at this time.
- Average wages (per hour) grew in March 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 grew by 0.7% . Key sectors include:
- Transportation & Utilities: 31,600; +200
- Education & Healthcare: 28,700; -100
- Manufacturing: 22,700; +100
- Business Services: 19,900; no change
- Government: 16,400; +100
- Restaurants & Hotels: 16,000; +300
- Construction, Mining: 9,800; +400
- Other Jobs: 7,200; +100
- Financial Services: 6,200; no change
- IT & Development: 1,500; no change
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.