Overall unemployment rate moved up to 2.6% with the biggest shift in Government, which gained 100 roles, based on the most recently available information published in March 2023.
Total employment in the Grand Forks, ND-MN market rose by 1,742 jobs in January and the unemployment rate increased compared to the prior month by 30 bps to 2.6%. The national unemployment rate increased by 60 bps over the same time to 3.9%.
- Grand Forks, ND-MN unemployment rate is 126 bps below the national rate which is a positive sign.
- Unemployment in the market is 60 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in January versus prior month by 4.4% and are down 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: 13,300; +100
- Transportation & Utilities: 10,700; no change
- Education & Healthcare: 9,400; -100
- Restaurants & Hotels: 5,600; +100
- Manufacturing: 4,400; +100
- Business Services: 3,700; -100
- Construction, Mining: 2,700; -100
- Other Jobs: 1,800; no change
- Financial Services: 1,700; -100
- IT & Development: 600; no change
Data is based on the most recent 12 months available, through January 2023 (Data published March 2023 and reports created on March 17, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.