Overall unemployment rate stayed flat at 4.1% with the biggest shift in Government, which lost 400 roles, based on the most recently available information published in February 2022.
Total employment in the Kalamazoo-Portage, MI market rose by 43 jobs in December and the unemployment rate stayed flat. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Kalamazoo-Portage, MI unemployment rate is 41 bps above the national rate which is a negative sign.
- Unemployment in the market is 220 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 6.9% 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:
- Transportation & Utilities: 28,000; +100
- Education & Healthcare: 24,700; -200
- Manufacturing: 22,400; +200
- Government: 21,800; -400
- Business Services: 16,500; -100
- Restaurants & Hotels: 13,100; -200
- Financial Services: 7,700; no change
- Construction, Mining: 6,600; -300
- Other Jobs: 4,800; no change
- IT & Development: 900; 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.