Overall unemployment rate moved down to 3.6% with the biggest shift in Government, which gained 900 roles, based on the most recently available information published in September 2022.
Total employment in the South Bend-Mishawaka, IN-MI market declined by 528 jobs in August and the unemployment rate decreased compared to the prior month by 40 bps to 3.6%. The national unemployment rate stayed flat over the same time period at 3.8%.
- South Bend-Mishawaka, IN-MI unemployment rate is 19 bps below the national rate which is a positive sign.
- Unemployment in the market is 40 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 1.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.0% . Key sectors include:
- Education & Healthcare: 33,600; +100
- Transportation & Utilities: 26,200; +300
- Manufacturing: 16,000; no change
- Restaurants & Hotels: 14,800; +100
- Government: 14,800; +900
- Business Services: 14,400; +100
- Construction, Mining: 6,400; no change
- Financial Services: 6,100; no change
- Other Jobs: 5,200; -100
- IT & Development: 1,400; no change
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.