Overall unemployment rate moved down to 2.7% with the biggest shift in Government, which gained 1,500 roles, based on the most recently available information published in December 2021.
Total employment in the Duluth, MN-WI market rose by 536 jobs in October and the unemployment rate decreased compared to the prior month by 30 bps to 2.7%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Duluth, MN-WI unemployment rate is 156 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) declined in October 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 grew by 1.3% . Key sectors include:
- Education & Healthcare: 32,100; +200
- Government: 26,200; +1,500
- Transportation & Utilities: 23,600; +200
- Restaurants & Hotels: 14,000; -200
- Construction, Mining: 9,400; -100
- Manufacturing: 8,300; +100
- Business Services: 7,500; no change
- Other Jobs: 5,600; no change
- Financial Services: 5,200; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.