Overall unemployment rate moved up to 3.0% with the biggest shift in Government, which lost 700 roles, based on the most recently available information published in August 2022.
Total employment in the Duluth, MN-WI market declined by 1,052 jobs in June and the unemployment rate increased compared to the prior month by 50 bps to 3.0%. The national unemployment rate increased by 46 bps over the same time to 3.8%.
- Duluth, MN-WI unemployment rate is 84 bps below the national rate which is a positive sign.
- Unemployment in the market is 130 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 4.6% and are up 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: 30,600; -400
- Government: 24,000; -700
- Transportation & Utilities: 23,900; +100
- Restaurants & Hotels: 14,800; +600
- Construction, Mining: 11,700; +600
- Business Services: 8,400; +100
- Manufacturing: 8,400; +100
- Other Jobs: 6,100; +100
- Financial Services: 5,000; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.