Overall unemployment rate moved down to 2.6% with the biggest shift in Construction, Mining, which lost 600 roles, based on the most recently available information published in December 2021.
Total employment in the Duluth, MN-WI market rose by 721 jobs in November and the unemployment rate decreased compared to the prior month by 10 bps to 2.6%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Duluth, MN-WI unemployment rate is 129 bps below the national rate which is a positive sign.
- Unemployment in the market is 230 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 0.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Education & Healthcare: 31,900; -100
- Government: 25,800; +200
- Transportation & Utilities: 24,200; +600
- Restaurants & Hotels: 13,600; -300
- Construction, Mining: 8,800; -600
- Manufacturing: 8,400; +100
- Business Services: 7,500; no change
- Other Jobs: 5,700; +100
- Financial Services: 5,300; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.