Overall unemployment rate moved up to 5.0% with the biggest shift in Restaurants & Hotels, which gained 600 roles, based on the most recently available information published in June 2021.
Total employment in the South Bend-Mishawaka, IN-MI market rose by 1,694 jobs in May and the unemployment rate increased compared to the prior month by 20 bps to 5.0%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- South Bend-Mishawaka, IN-MI unemployment rate is 50 bps below the national rate which is a positive sign.
- Unemployment in the market is 830 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 7.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Education & Healthcare: 36,700; +500
- Transportation & Utilities: 25,100; +100
- Manufacturing: 16,300; +100
- Government: 14,400; +100
- Restaurants & Hotels: 14,000; +600
- Business Services: 13,500; no change
- Financial Services: 5,800; no change
- Construction, Mining: 5,300; +200
- Other Jobs: 4,700; no change
- IT & Development: 1,200; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.