Overall unemployment rate moved up to 5.4% with the biggest shift in Manufacturing, which lost 2,500 roles, based on the most recently available information published in September 2021.
Total employment in the Lansing-East Lansing, MI market declined by 2,768 jobs in August and the unemployment rate increased compared to the prior month by 10 bps to 5.4%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Lansing-East Lansing, MI unemployment rate is 11 bps above the national rate which is a negative sign.
- Unemployment in the market is 70 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% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.8%. Key sectors include:
- Government: 57,700; +300
- Transportation & Utilities: 34,500; +100
- Education & Healthcare: 30,100; +100
- Business Services: 20,800; +200
- Financial Services: 17,700; no change
- Manufacturing: 17,000; -2,500
- Restaurants & Hotels: 16,000; no change
- Construction, Mining: 9,700; no change
- Other Jobs: 9,200; no change
- IT & Development: 3,200; 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.