Overall unemployment rate moved down to 1.4% with the biggest shift in Business Services, which gained 300 roles, based on the most recently available information published in December 2021.
Total employment in the Elkhart-Goshen, IN market rose by 270 jobs in November and the unemployment rate decreased compared to the prior month by 40 bps to 1.4%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Elkhart-Goshen, IN unemployment rate is 249 bps below the national rate which is a positive sign.
- Unemployment in the market is 280 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 8.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Manufacturing: 74,300; -200
- Transportation & Utilities: 20,100; +200
- Education & Healthcare: 11,300; no change
- Business Services: 10,800; +300
- Government: 8,400; +100
- Restaurants & Hotels: 7,000; +100
- Construction, Mining: 4,500; -100
- Other Jobs: 4,500; no change
- Financial Services: 3,100; no change
- IT & Development: 300; 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.