Overall unemployment rate moved up to 3.5% with the biggest shift in Transportation & Utilities, which lost 500 roles, based on the most recently available information published in March 2021.
Total employment in the Elkhart-Goshen, IN market rose by 4,161 jobs in January and the unemployment rate increased compared to the prior month by 10 bps to 3.5%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Elkhart-Goshen, IN unemployment rate is 331 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 January versus prior month by 7.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.2%. Key sectors include:
- Manufacturing: 67,700; no change
- Transportation & Utilities: 19,900; -500
- Education & Healthcare: 11,300; -200
- Business Services: 9,300; -500
- Government: 8,600; no change
- Restaurants & Hotels: 6,100; -300
- Other Jobs: 4,200; +100
- Construction, Mining: 3,900; -200
- Financial Services: 3,100; no change
- IT & Development: 300; -100
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.