Overall unemployment rate moved down to 5.3% with the biggest shift in Restaurants & Hotels, which gained 1,800 roles, based on the most recently available information published in April 2021.
Total employment in the Duluth, MN-WI market rose by 2,791 jobs in February and the unemployment rate decreased compared to the prior month by 20 bps to 5.3%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Duluth, MN-WI unemployment rate is 125 bps below the national rate which is a positive sign.
- Unemployment in the market is 50 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 8.3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.7% . Key sectors include:
- Education & Healthcare: 32,200; +500
- Government: 25,200; +500
- Transportation & Utilities: 23,600; -400
- Restaurants & Hotels: 11,800; +1,800
- Construction, Mining: 7,900; -400
- Manufacturing: 7,700; no change
- Business Services: 7,300; no change
- Other Jobs: 5,400; no change
- Financial Services: 5,300; +100
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.