Overall unemployment rate moved down to 4.0% with the biggest shift in Government, which gained 100 roles, based on the most recently available information published in May 2023.
Total employment in the Sierra Vista-Douglas, AZ market rose by 262 jobs in March and the unemployment rate decreased compared to the prior month by 10 bps to 4.0%. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Sierra Vista-Douglas, AZ unemployment rate is 38 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 March versus prior month by 16.6% and are up 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:
- Government: 10,800; +100
- Transportation & Utilities: 6,100; +100
- Education & Healthcare: 4,500; no change
- 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 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.