Overall unemployment rate moved down to 4.9% with the biggest shift in Restaurants & Hotels, which gained 2,300 roles, based on the most recently available information published in April 2021.
Total employment in the Lansing-East Lansing, MI market rose by 1,927 jobs in February and the unemployment rate decreased compared to the prior month by 80 bps to 4.9%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Lansing-East Lansing, MI unemployment rate is 165 bps below the national rate which is a positive sign.
- Unemployment in the market is 220 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 2.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.7% . Key sectors include:
- Government: 61,400; +2,100
- Transportation & Utilities: 34,100; +100
- Education & Healthcare: 30,700; +400
- Business Services: 21,600; +200
- Manufacturing: 18,900; +400
- Financial Services: 17,000; no change
- Restaurants & Hotels: 13,000; +2,300
- Other Jobs: 8,800; +100
- Construction, Mining: 7,800; -100
- IT & Development: 3,200; +100
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.