Overall unemployment rate stayed flat at 4.6% with the biggest shift in Government, which gained 800 roles, based on the most recently available information published in April 2023.
Total employment in the Kalamazoo-Portage, MI market rose by 2,041 jobs in February and the unemployment rate stayed flat. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- Kalamazoo-Portage, MI unemployment rate is 71 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 2.3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.0% . Key sectors include:
- Education & Healthcare: 26,200; +200
- Transportation & Utilities: 25,600; -200
- Manufacturing: 25,100; +100
- Government: 20,400; +800
- Business Services: 19,000; +400
- Restaurants & Hotels: 14,700; +300
- Construction, Mining: 6,700; -100
- Financial Services: 6,300; no change
- Other Jobs: 5,200; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.