Overall unemployment rate stayed flat at 4.3% with the biggest shift in Government, which lost 800 roles, based on the most recently available information published in May 2023.
Total employment in the Lansing-East Lansing, MI market declined by 467 jobs in March and the unemployment rate stayed flat. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- Lansing-East Lansing, MI unemployment rate is 68 bps above the national rate which is a negative 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 March versus prior month by 8.7% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Government: 63,000; -800
- Transportation & Utilities: 36,200; +100
- Education & Healthcare: 31,400; +100
- Business Services: 25,400; +400
- Manufacturing: 21,700; no change
- Financial Services: 18,200; -100
- Restaurants & Hotels: 17,100; +200
- Other Jobs: 9,800; no change
- Construction, Mining: 8,700; no change
- IT & Development: 4,000; no change
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.