Overall unemployment rate moved up to 4.1% with the biggest shift in Transportation & Utilities, which lost 700 roles, based on the most recently available information published in March 2022.
Total employment in the Duluth, MN-WI market rose by 321 jobs in January and the unemployment rate increased compared to the prior month by 80 bps to 4.1%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Duluth, MN-WI unemployment rate is 33 bps below the national rate which is a positive sign.
- Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in January versus prior month by 3.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.5%. Key sectors include:
- Education & Healthcare: 30,800; -100
- Transportation & Utilities: 23,900; -700
- Government: 23,800; -500
- Restaurants & Hotels: 13,100; -200
- Construction, Mining: 9,400; -200
- Manufacturing: 8,100; -100
- Business Services: 8,000; no change
- Other Jobs: 5,800; -100
- Financial Services: 5,100; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.