Overall unemployment rate moved down to 2.1% with the biggest shift in Restaurants & Hotels, which lost 300 roles, based on the most recently available information published in June 2022.
Total employment in the Grand Forks, ND-MN market rose by 305 jobs in April and the unemployment rate decreased compared to the prior month by 80 bps to 2.1%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Grand Forks, ND-MN unemployment rate is 124 bps below the national rate which is a positive sign.
- Unemployment in the market is 180 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 6.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:
- Government: 13,100; no change
- Transportation & Utilities: 10,200; +100
- Education & Healthcare: 9,200; no change
- Restaurants & Hotels: 5,600; -300
- Manufacturing: 4,100; no change
- Business Services: 3,900; no change
- Construction, Mining: 2,800; +100
- Other Jobs: 1,800; no change
- Financial Services: 1,600; no change
- IT & Development: 500; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.