Overall unemployment rate moved up to 5.7% with the biggest shift in Government, which lost 900 roles, based on the most recently available information published in March 2021.
Total employment in the Lansing-East Lansing, MI market rose by 2,183 jobs in January and the unemployment rate increased compared to the prior month by 130 bps to 5.7%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Lansing-East Lansing, MI unemployment rate is 111 bps below the national rate which is a positive sign.
- Unemployment in the market is 250 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in January versus prior month by 5.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.6%. Key sectors include:
- Government: 59,300; -900
- Transportation & Utilities: 34,100; -800
- Education & Healthcare: 30,300; -300
- Business Services: 21,400; -800
- Manufacturing: 18,400; -200
- Financial Services: 17,000; -200
- Restaurants & Hotels: 10,700; +100
- Other Jobs: 8,700; -100
- Construction, Mining: 8,000; -300
- IT & Development: 3,100; no change
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.