Overall unemployment rate stayed flat at 2.5% with the biggest shift in Construction, Mining, which gained 1,200 roles, based on the most recently available information published in June 2022.
Total employment in the Duluth, MN-WI market rose by 264 jobs in May and the unemployment rate stayed flat. The national unemployment rate increased by 4 bps over the same time to 3.4%.
- Duluth, MN-WI unemployment rate is 88 bps below the national rate which is a positive sign.
- Unemployment in the market is 120 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 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 1.4% . Key sectors include:
- Education & Healthcare: 31,000; +100
- Government: 24,600; -500
- Transportation & Utilities: 24,000; +300
- Restaurants & Hotels: 14,400; +600
- Construction, Mining: 11,000; +1,200
- Business Services: 8,300; +100
- Manufacturing: 8,300; no change
- Other Jobs: 6,000; no change
- Financial Services: 5,000; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.