Overall unemployment rate moved down to 2.5% with the biggest shift in Education & Healthcare, which gained 400 roles, based on the most recently available information published in June 2022.
Total employment in the South Bend-Mishawaka, IN-MI market rose by 1,463 jobs in April and the unemployment rate decreased compared to the prior month by 60 bps to 2.5%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- South Bend-Mishawaka, IN-MI unemployment rate is 84 bps below the national rate which is a positive sign.
- Unemployment in the market is 230 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 4.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:
- Education & Healthcare: 33,700; +400
- Transportation & Utilities: 25,500; +100
- Manufacturing: 15,800; no change
- Government: 14,600; -200
- Business Services: 14,300; +100
- Restaurants & Hotels: 13,900; +400
- Financial Services: 6,000; no change
- Construction, Mining: 6,000; +300
- Other Jobs: 5,300; +100
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.