Overall unemployment rate stayed flat at 4.8% with the biggest shift in Restaurants & Hotels, which gained 1,700 roles, based on the most recently available information published in July 2021.
Total employment in the Grand Rapids-Wyoming, MI market rose by 2,177 jobs in June and the unemployment rate stayed flat. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Grand Rapids-Wyoming, MI unemployment rate is 129 bps below the national rate which is a positive sign.
- Unemployment in the market is 530 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 5.1% 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:
- Manufacturing: 108,600; +500
- Transportation & Utilities: 98,900; +1,100
- Education & Healthcare: 92,000; -900
- Business Services: 72,800; +1,500
- Government: 46,500; -500
- Restaurants & Hotels: 44,400; +1,700
- Construction, Mining: 27,900; +700
- Financial Services: 26,700; -100
- Other Jobs: 20,500; +200
- IT & Development: 5,600; no change
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.