Overall unemployment rate moved up to 4.8% with the biggest shift in Government, which lost 5,000 roles, based on the most recently available information published in March 2022.
Total employment in the Lansing-East Lansing, MI market declined by 9,155 jobs in January and the unemployment rate increased compared to the prior month by 100 bps to 4.8%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Lansing-East Lansing, MI unemployment rate is 37 bps above the national rate which is a negative sign.
- Unemployment in the market is 90 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 13.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -4.0%. Key sectors include:
- Government: 53,900; -5,000
- Transportation & Utilities: 35,900; -900
- Education & Healthcare: 30,800; +100
- Business Services: 22,900; -1,000
- Manufacturing: 18,200; -1,400
- Financial Services: 17,700; no change
- Restaurants & Hotels: 16,300; -100
- Other Jobs: 9,200; -100
- Construction, Mining: 7,700; -500
- IT & Development: 3,500; -100
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.