Overall unemployment rate moved down to 2.3% with the biggest shift in Government, which lost 200 roles, based on the most recently available information published in June 2023.
Total employment in the Grand Forks, ND-MN market declined by 242 jobs in April and the unemployment rate decreased compared to the prior month by 20 bps to 2.3%. The national unemployment rate decreased by 53 bps over the same time to 3.1%.
- Grand Forks, ND-MN unemployment rate is 80 bps below the national rate which is a positive sign.
- Unemployment in the market is 20 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in April versus prior month by 10.8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.4%. Key sectors include:
- Government: 12,900; -200
- Transportation & Utilities: 10,700; -100
- Education & Healthcare: 9,400; no change
- Restaurants & Hotels: 5,600; no change
- Manufacturing: 4,300; no change
- Business Services: 3,700; no change
- Construction, Mining: 2,800; no change
- Financial Services: 1,800; +100
- Other Jobs: 1,800; no change
- IT & Development: 600; no change
Data is based on the most recent 12 months available, through April 2023 (Data published June 2023 and reports created on June 8,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.