Overall unemployment rate moved up to 3.2% with the biggest shift in Transportation & Utilities, which lost 300 roles, based on the most recently available information published in June 2022.
Total employment in the Mobile, AL market declined by 5 jobs in May and the unemployment rate increased compared to the prior month by 40 bps to 3.2%. The national unemployment rate increased by 4 bps over the same time to 3.4%.
- Mobile, AL unemployment rate is 18 bps below the national rate which is a positive sign.
- Unemployment in the market is 150 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 5.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.1% . Key sectors include:
- Transportation & Utilities: 42,000; -300
- Education & Healthcare: 28,500; +100
- Government: 25,000; -100
- Business Services: 23,200; +100
- Manufacturing: 17,900; -200
- Restaurants & Hotels: 17,300; +100
- Other Jobs: 11,700; +200
- Construction, Mining: 11,300; +200
- Financial Services: 7,400; no change
- IT & Development: 1,900; no change
Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.