Overall unemployment rate moved up to 2.6% with the biggest shift in Business Services, which lost 200 roles, based on the most recently available information published in February 2022.
Total employment in the Grand Forks, ND-MN market declined by 364 jobs in December and the unemployment rate increased compared to the prior month by 40 bps to 2.6%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Grand Forks, ND-MN unemployment rate is 109 bps below the national rate which is a positive sign.
- Unemployment in the market is 170 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 3.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.6%. Key sectors include:
- Government: 13,500; -100
- Transportation & Utilities: 10,400; no change
- Education & Healthcare: 9,100; no change
- Restaurants & Hotels: 6,100; no change
- Manufacturing: 3,900; no change
- Business Services: 2,800; -200
- Construction, Mining: 2,700; 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 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.