Overall unemployment rate moved up to 3.7% with the biggest shift in Transportation & Utilities, which gained 300 roles, based on the most recently available information published in January 2022.
Total employment in the Gulfport-Biloxi-Pascagoula, MS market declined by 1,742 jobs in November and the unemployment rate increased compared to the prior month by 30 bps to 3.7%. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Gulfport-Biloxi-Pascagoula, MS unemployment rate is 34 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 1.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Government: 35,600; +200
- Restaurants & Hotels: 31,500; no change
- Transportation & Utilities: 25,500; +300
- Manufacturing: 18,100; no change
- Business Services: 16,800; no change
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.