Overall unemployment rate moved down to 3.4% with the biggest shift in Government, which gained 800 roles, based on the most recently available information published in April 2022.
Total employment in the Duluth, MN-WI market rose by 1,446 jobs in February and the unemployment rate decreased compared to the prior month by 60 bps to 3.4%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- Duluth, MN-WI unemployment rate is 74 bps below the national rate which is a positive sign.
- Unemployment in the market is 210 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 2.3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:
- Education & Healthcare: 31,000; +200
- Government: 24,700; +800
- Transportation & Utilities: 24,000; no change
- Restaurants & Hotels: 13,400; +200
- Construction, Mining: 9,200; -200
- Manufacturing: 8,200; +100
- Business Services: 8,100; +100
- Other Jobs: 5,800; no change
- Financial Services: 5,000; -100
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.