Overall unemployment rate moved down to 4.6% with the biggest shift in Government, which lost 2,000 roles, based on the most recently available information published in September 2021.
Total employment in the South Bend-Mishawaka, IN-MI market declined by 1,167 jobs in July and the unemployment rate decreased compared to the prior month by 50 bps to 4.6%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- South Bend-Mishawaka, IN-MI unemployment rate is 106 bps below the national rate which is a positive sign.
- Unemployment in the market is 600 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 7.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.3%. Key sectors include:
- Education & Healthcare: 36,300; -400
- Transportation & Utilities: 25,500; no change
- Manufacturing: 16,900; +300
- Restaurants & Hotels: 15,000; -300
- Business Services: 13,800; +200
- Government: 12,400; -2,000
- Financial Services: 5,900; no change
- Construction, Mining: 5,700; +300
- Other Jobs: 4,900; +100
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.