Overall unemployment rate moved up to 2.3% with the biggest shift in Manufacturing, which gained 600 roles, based on the most recently available information published in August 2022.
Total employment in the Elkhart-Goshen, IN market rose by 889 jobs in June and the unemployment rate increased compared to the prior month by 50 bps to 2.3%. The national unemployment rate increased by 46 bps over the same time to 3.8%.
- Elkhart-Goshen, IN unemployment rate is 154 bps below the national rate which is a positive sign.
- Unemployment in the market is 80 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 14.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Manufacturing: 79,100; +600
- Transportation & Utilities: 20,500; -100
- Education & Healthcare: 11,800; +200
- Business Services: 11,000; +100
- Government: 8,200; -300
- Restaurants & Hotels: 7,200; +100
- Other Jobs: 4,400; +100
- Construction, Mining: 4,200; no change
- Financial Services: 2,900; no change
- IT & Development: 400; 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.