Overall unemployment rate moved up to 3.9% with the biggest shift in Transportation & Utilities, which lost 200 roles, based on the most recently available information published in March 2022.
Total employment in the Sierra Vista-Douglas, AZ market declined by 3,684 jobs in January and the unemployment rate increased compared to the prior month by 110 bps to 3.9%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Sierra Vista-Douglas, AZ unemployment rate is 53 bps below the national rate which is a positive sign.
- Unemployment in the market is 200 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in January versus prior month by -15.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.4%. Key sectors include:
- Government: 10,300; -100
- Transportation & Utilities: 6,500; -200
- Business Services: 4,500; -100
- Education & Healthcare: 4,300; no change
- Restaurants & Hotels: 3,600; no change
- Construction, Mining: 2,000; no change
- Financial Services: 900; no change
- Manufacturing: 700; no change
- Other Jobs: 700; -100
- IT & Development: 500; no change
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.