Overall unemployment rate stayed flat at 2.6% with the biggest shift in Transportation & Utilities, which gained 600 roles, based on the most recently available information published in January 2022.
Total employment in the Pensacola-Ferry Pass-Brent, FL market declined by 1,391 jobs in November and the unemployment rate stayed flat. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Pensacola-Ferry Pass-Brent, FL unemployment rate is 76 bps below the national rate which is a positive sign.
- Unemployment in the market is 50 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 7.2% and are equal compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.0% . Key sectors include:
- Transportation & Utilities: 36,800; +600
- Education & Healthcare: 32,400; no change
- Government: 28,000; +300
- Business Services: 27,900; +200
- Restaurants & Hotels: 26,300; +500
- Financial Services: 16,600; 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.