Overall unemployment rate moved up to 2.6% with the biggest shift in Manufacturing, which gained 200 roles, based on the most recently available information published in August 2022.
Total employment in the Sioux City, IA-NE-SD market rose by 1,107 jobs in June and the unemployment rate increased compared to the prior month by 50 bps to 2.6%. The national unemployment rate increased by 46 bps over the same time to 3.8%.
- Sioux City, IA-NE-SD unemployment rate is 124 bps below the national rate which is a positive sign.
- Unemployment in the market is 190 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 12.2% 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:
- Transportation & Utilities: 18,500; -100
- Manufacturing: 17,300; +200
- Government: 10,900; +100
- Business Services: 8,600; +100
- Restaurants & Hotels: 8,400; +100
Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.