Overall unemployment rate moved up to 3.7% with the biggest shift in Restaurants & Hotels, which gained 700 roles, based on the most recently available information published in June 2022.
Total employment in the Gulfport-Biloxi-Pascagoula, MS market declined by 655 jobs in April and the unemployment rate increased compared to the prior month by 10 bps to 3.7%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Gulfport-Biloxi-Pascagoula, MS unemployment rate is 36 bps above the national rate which is a negative sign.
- Unemployment in the market is 230 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 0.3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.1%. Key sectors include:
- Government: 34,900; -100
- Restaurants & Hotels: 30,300; +700
- Transportation & Utilities: 25,600; -200
- Manufacturing: 18,300; no change
- Business Services: 17,400; -100
- Education & Healthcare: 12,400; no change
- Construction, Mining: 8,100; -400
- Other Jobs: 5,300; no change
- Financial Services: 5,200; no change
- IT & Development: 1,500; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.