Overall unemployment rate moved down to 0.9% with the biggest shift in Manufacturing, which gained 500 roles, based on the most recently available information published in February 2022.
Total employment in the Elkhart-Goshen, IN market rose by 57 jobs in December and the unemployment rate decreased compared to the prior month by 60 bps to 0.9%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Elkhart-Goshen, IN unemployment rate is 279 bps below the national rate which is a positive sign.
- Unemployment in the market is 260 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in December versus prior month by 10.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Manufacturing: 74,700; +500
- Transportation & Utilities: 20,500; +300
- Education & Healthcare: 11,300; no change
- Business Services: 10,800; no change
- Government: 8,400; no change
- Restaurants & Hotels: 7,000; +100
- Other Jobs: 4,600; +100
- Construction, Mining: 4,400; -100
- Financial Services: 3,100; no change
- IT & Development: 300; no change
Data is based on the most recent 12 months available, through December 2021 (Data published February 2022 and reports created on February 4, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.