Overall unemployment rate moved up to 4.0% with the biggest shift in Transportation & Utilities, which lost 400 roles, based on the most recently available information published in March 2023.
Total employment in the Sierra Vista-Douglas, AZ market declined by 1,286 jobs in January and the unemployment rate increased compared to the prior month by 40 bps to 4.0%. The national unemployment rate increased by 60 bps over the same time to 3.9%.
- Sierra Vista-Douglas, AZ unemployment rate is 14 bps above the national rate which is a negative sign.
- Unemployment in the market is 20 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in January versus prior month by 20.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.6%. Key sectors include:
- Government: 10,300; -400
- Transportation & Utilities: 6,000; -400
- Education & Healthcare: 4,400; -100
- Business Services: 4,000; no change
- Restaurants & Hotels: 3,800; no change
- Construction, Mining: 2,000; no change
- Financial Services: 1,100; no change
- Other Jobs: 700; no change
- Manufacturing: 700; no change
- IT & Development: 300; no change
Data is based on the most recent 12 months available, through January 2023 (Data published March 2023 and reports created on March 17, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.