Overall unemployment rate moved down to 3.8% with the biggest shift in Government, which lost 100 roles, based on the most recently available information published in May 2023.
Total employment in the Duluth, MN-WI market rose by 1,071 jobs in March and the unemployment rate decreased compared to the prior month by 50 bps to 3.8%. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Duluth, MN-WI unemployment rate is 18 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 5.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.3%. Key sectors include:
- Education & Healthcare: 31,600; no change
- Government: 24,900; -100
- Transportation & Utilities: 24,200; -100
- Restaurants & Hotels: 13,500; +100
- Construction, Mining: 9,200; -100
- Manufacturing: 8,200; no change
- Business Services: 7,400; no change
- Other Jobs: 5,800; -100
- Financial Services: 4,900; -100
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.