Overall unemployment rate stayed flat at 2.1% with the biggest shift in Restaurants & Hotels, which gained 300 roles, based on the most recently available information published in June 2022.
Total employment in the Sioux City, IA-NE-SD market rose by 445 jobs in May and the unemployment rate stayed flat. The national unemployment rate increased by 4 bps over the same time to 3.4%.
- Sioux City, IA-NE-SD unemployment rate is 128 bps below the national rate which is a positive sign.
- Unemployment in the market is 180 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 12.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Transportation & Utilities: 18,600; +100
- Manufacturing: 17,200; -100
- Government: 10,800; +200
- Business Services: 8,500; no change
- Restaurants & Hotels: 8,200; +300
Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.