Overall unemployment rate moved down to 3.1% with the biggest shift in Transportation & Utilities, which gained 400 roles, based on the most recently available information published in September 2021.
Total employment in the Grand Forks, ND-MN market declined by 608 jobs in August and the unemployment rate decreased compared to the prior month by 60 bps to 3.1%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Grand Forks, ND-MN unemployment rate is 219 bps below the national rate which is a positive sign.
- Unemployment in the market is 190 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 3.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Government: 10,400; no change
- Transportation & Utilities: 10,300; +400
- Education & Healthcare: 9,100; no change
- Restaurants & Hotels: 5,900; +100
- Manufacturing: 3,800; no change
- Construction, Mining: 3,200; -100
- Business Services: 3,200; no change
- Other Jobs: 1,900; no change
- Financial Services: 1,700; no change
- IT & Development: 400; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.