Overall unemployment rate moved up to 5.5% with the biggest shift in Transportation & Utilities, which gained 600 roles, based on the most recently available information published in July 2021.
Total employment in the Kalamazoo-Portage, MI market rose by 719 jobs in June and the unemployment rate increased compared to the prior month by 10 bps to 5.5%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Kalamazoo-Portage, MI unemployment rate is 59 bps below the national rate which is a positive sign.
- Unemployment in the market is 460 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 0.7% and are down 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:
- Transportation & Utilities: 26,200; +600
- Education & Healthcare: 24,800; no change
- Manufacturing: 22,100; +200
- Government: 18,700; -500
- Business Services: 16,400; +300
- Restaurants & Hotels: 13,300; +400
- Financial Services: 7,800; no change
- Construction, Mining: 7,000; +100
- Other Jobs: 4,700; no change
- IT & Development: 800; 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.