Overall unemployment rate stayed flat at 1.3% with the biggest shift in Government, which gained 500 roles, based on the most recently available information published in December 2022.

Total employment in the Mankato-North Mankato, MN market rose by 256 jobs in October and the unemployment rate stayed flat. The national unemployment rate increased by 8 bps over the same time to 3.4%.

  • Mankato-North Mankato, MN unemployment rate is 210 bps below the national rate which is a positive sign.
  • Unemployment in the market is 60 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in October versus prior month by 14.4% 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 October 2022

For key employment segments of the market, total jobs grew by 5.4% . Key sectors include:

  • Government: 9,800; +500
Mankato-North Mankato, MN Unemployment by Industry October 2022

Data is based on the most recent 12 months available, through October 2022 (Data published December 2022 and reports created on December 2, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.