Overall unemployment rate moved down to 1.8% with the biggest shift in Manufacturing, which gained 500 roles, based on the most recently available information published in December 2021.
Total employment in the Elkhart-Goshen, IN market rose by 559 jobs in October and the unemployment rate decreased compared to the prior month by 20 bps to 1.8%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Elkhart-Goshen, IN unemployment rate is 246 bps below the national rate which is a positive sign.
- Unemployment in the market is 250 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in October versus prior month by 9.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:
- Manufacturing: 74,300; +500
- Transportation & Utilities: 20,000; +400
- Education & Healthcare: 11,300; +100
- Business Services: 10,300; +100
- Government: 8,300; +100
- Restaurants & Hotels: 6,900; -100
- Construction, Mining: 4,600; +100
- Other Jobs: 4,500; +100
- Financial Services: 3,100; no change
- IT & Development: 300; 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.