Overall unemployment rate moved down to 3.1% with the biggest shift in Business Services, which gained 400 roles, based on the most recently available information published in June 2023.
Total employment in the South Bend-Mishawaka, IN-MI market rose by 915 jobs in April and the unemployment rate decreased compared to the prior month by 110 bps to 3.1%. The national unemployment rate decreased by 53 bps over the same time to 3.1%.
- South Bend-Mishawaka, IN-MI unemployment rate is 0 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 April versus prior month by 6.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Education & Healthcare: 35,200; no change
- Transportation & Utilities: 25,800; no change
- Manufacturing: 15,000; -100
- Government: 14,800; no change
- Restaurants & Hotels: 14,700; +300
- Business Services: 14,100; +400
- Other Jobs: 6,300; no change
- Construction, Mining: 6,300; +100
- Financial Services: 5,900; no change
- IT & Development: 1,400; no change
Data is based on the most recent 12 months available, through April 2023 (Data published June 2023 and reports created on June 8,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.