Overall unemployment rate moved down to 3.8% with the biggest shift in Transportation & Utilities, which gained 600 roles, based on the most recently available information published in September 2022.
Total employment in the Gulfport-Biloxi-Pascagoula, MS market declined by 1,132 jobs in August and the unemployment rate decreased compared to the prior month by 60 bps to 3.8%. The national unemployment rate stayed flat over the same time period at 3.8%.
- Gulfport-Biloxi-Pascagoula, MS unemployment rate is 1 bps above the national rate which is a negative sign.
- Unemployment in the market is 190 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in August versus prior month by -2.0% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:
- Government: 34,800; -300
- Restaurants & Hotels: 31,400; -300
- Transportation & Utilities: 25,600; +600
- Manufacturing: 18,200; no change
- Business Services: 17,000; -300
- Education & Healthcare: 12,400; +100
- Construction, Mining: 8,200; -100
- 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 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.