Overall unemployment rate stayed flat at 2.6% with the biggest shift in Restaurants & Hotels, which gained 800 roles, based on the most recently available information published in May 2023.
Total employment in the Pensacola-Ferry Pass-Brent, FL market rose by 2,808 jobs in March and the unemployment rate stayed flat. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Pensacola-Ferry Pass-Brent, FL unemployment rate is 102 bps below the national rate which is a positive sign.
- Unemployment in the market is 30 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 4.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Transportation & Utilities: 35,400; +200
- Education & Healthcare: 33,400; +200
- Government: 28,800; -200
- Restaurants & Hotels: 27,800; +800
- Business Services: 26,300; no change
- Financial Services: 16,900; no change
- Construction, Mining: 13,400; +100
- Other Jobs: 7,100; no change
- Manufacturing: 7,000; +100
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.