Overall unemployment rate moved down to 4.0% with the biggest shift in Restaurants & Hotels, which gained 800 roles, based on the most recently available information published in June 2021.
Total employment in the Duluth, MN-WI market rose by 758 jobs in May and the unemployment rate decreased compared to the prior month by 80 bps to 4.0%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Duluth, MN-WI unemployment rate is 150 bps below the national rate which is a positive sign.
- Unemployment in the market is 1,000 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 5.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Education & Healthcare: 31,700; -200
- Government: 25,500; -100
- Transportation & Utilities: 23,700; no change
- Restaurants & Hotels: 12,900; +800
- Construction, Mining: 9,300; +800
- Manufacturing: 8,100; +100
- Business Services: 7,600; no change
- Other Jobs: 5,600; +100
- Financial Services: 5,200; no change
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.