Overall unemployment rate moved down to 3.8% with the biggest shift in Government, which lost 2,700 roles, based on the most recently available information published in February 2022.
Total employment in the Lansing-East Lansing, MI market declined by 1,297 jobs in December and the unemployment rate decreased compared to the prior month by 10 bps to 3.8%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Lansing-East Lansing, MI unemployment rate is 11 bps above the national rate which is a negative sign.
- Unemployment in the market is 210 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 3.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.2%. Key sectors include:
- Government: 65,100; -2,700
- Transportation & Utilities: 36,000; +300
- Education & Healthcare: 30,600; -100
- Business Services: 22,300; +300
- Manufacturing: 18,900; +200
- Financial Services: 17,600; no change
- Restaurants & Hotels: 15,000; -300
- Construction, Mining: 9,200; -300
- Other Jobs: 9,000; -100
- IT & Development: 3,200; 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.