Overall unemployment rate stayed flat at 1.7% with the biggest shift in Government, which lost 300 roles, based on the most recently available information published in September 2022.

Total employment in the Mankato-North Mankato, MN market declined by 186 jobs in August and the unemployment rate stayed flat. The national unemployment rate stayed flat over the same time period at 3.8%.

  • Mankato-North Mankato, MN unemployment rate is 209 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 August versus prior month by 19.1% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Mankato-North Mankato, MN Unemployment August 2022

For key employment segments of the market, total jobs declined by -3.1%. Key sectors include:

  • Government: 9,300; -300
Mankato-North Mankato, MN Unemployment by Industry August 2022

Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.