Overall unemployment rate moved down to 3.4% with the biggest shift in Government, which gained 1,900 roles, based on the most recently available information published in January 2022.
Total employment in the Lansing-East Lansing, MI market rose by 5,863 jobs in November and the unemployment rate decreased compared to the prior month by 20 bps to 3.4%. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Lansing-East Lansing, MI unemployment rate is 4 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 November versus prior month by 12.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Government: 65,600; +1,900
- Transportation & Utilities: 36,500; +800
- Education & Healthcare: 31,700; +100
- Business Services: 24,800; -300
- Manufacturing: 21,200; +100
- Financial Services: 18,100; +100
- Restaurants & Hotels: 17,500; -300
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.