Overall unemployment rate moved down to 5.3% with the biggest shift in Restaurants & Hotels, which gained 400 roles, based on the most recently available information published in April 2021.
Total employment in the South Bend-Mishawaka, IN-MI market rose by 12 jobs in March and the unemployment rate decreased compared to the prior month by 10 bps to 5.3%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- South Bend-Mishawaka, IN-MI unemployment rate is 88 bps below the national rate which is a positive sign.
- Unemployment in the market is 120 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in March versus prior month by 5.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Education & Healthcare: 36,500; -200
- Transportation & Utilities: 25,100; -100
- Manufacturing: 16,500; +300
- Government: 14,300; no change
- Business Services: 13,500; no change
- Restaurants & Hotels: 12,200; +400
- Financial Services: 5,800; no change
- Construction, Mining: 4,800; +100
- Other Jobs: 4,600; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.