Overall unemployment rate moved down to 4.5% with the biggest shift in Government, which gained 1,800 roles, based on the most recently available information published in December 2021.
Total employment in the Lansing-East Lansing, MI market rose by 3,988 jobs in October and the unemployment rate decreased compared to the prior month by 190 bps to 4.5%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Lansing-East Lansing, MI unemployment rate is 24 bps above the national rate which is a negative sign.
- Unemployment in the market is 60 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in October versus prior month by 2.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.2% . Key sectors include:
- Government: 68,000; +1,800
- Transportation & Utilities: 35,200; +400
- Education & Healthcare: 30,500; +200
- Business Services: 21,900; +600
- Manufacturing: 18,800; +1,600
- Financial Services: 17,600; +100
- Restaurants & Hotels: 15,700; -100
- Construction, Mining: 9,700; +200
- Other Jobs: 9,100; +100
- IT & Development: 3,200; no change
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.