Overall unemployment rate moved down to 2.9% with the biggest shift in Construction, Mining, which gained 400 roles, based on the most recently available information published in June 2023.
Total employment in the Lansing-East Lansing, MI market rose by 6,503 jobs in April and the unemployment rate decreased compared to the prior month by 140 bps to 2.9%. The national unemployment rate decreased by 53 bps over the same time to 3.1%.
- Lansing-East Lansing, MI unemployment rate is 20 bps below the national rate which is a positive sign.
- Unemployment in the market is 120 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 9.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Government: 63,200; +200
- Transportation & Utilities: 36,200; no change
- Education & Healthcare: 31,600; +200
- Business Services: 25,300; -100
- Manufacturing: 21,700; no change
- Financial Services: 18,300; +100
- Restaurants & Hotels: 17,200; +100
- Other Jobs: 9,800; no change
- Construction, Mining: 9,100; +400
- IT & Development: 4,000; 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.