Overall unemployment rate moved up to 2.9% with the biggest shift in Government, which lost 1,800 roles, based on the most recently available information published in August 2022.

Total employment in the Pensacola-Ferry Pass-Brent, FL market rose by 1,745 jobs in June and the unemployment rate increased compared to the prior month by 50 bps to 2.9%. The national unemployment rate increased by 46 bps over the same time to 3.8%.

  • Pensacola-Ferry Pass-Brent, FL unemployment rate is 94 bps below the national rate which is a positive sign.
  • Unemployment in the market is 180 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in June versus prior month by 12.1% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Pensacola-Ferry Pass-Brent, FL Unemployment June 2022

For key employment segments of the market, total jobs declined by -0.1%. Key sectors include:

  • Transportation & Utilities: 36,400; +300
  • Education & Healthcare: 31,600; +200
  • Business Services: 27,400; +400
  • Restaurants & Hotels: 26,300; +400
  • Government: 24,900; -1,800
  • Financial Services: 16,400; +100
  • Construction, Mining: 13,300; +200
  • Manufacturing: 7,300; no change
  • Other Jobs: 7,200; +100
  • IT & Development: 1,600; no change
Pensacola-Ferry Pass-Brent, FL Unemployment by Industry June 2022

Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.