June 21, 2024 9:19 am
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Local News

Grand Rapids Employment Data At a Glance

Credit: iStock

The Bureau of Labor Statistics (BLS) recently updated their labor force and employment related data for Grand Rapids. This most recent labor force data includes an analysis of employment statistics through March 2022.

Some key figures for the region relate to the overall fall in unemployment from roughly 29,728 unemployed in March 2021 to 18,711 unemployed in March 2022, bringing down the unemployment rate from 5.3 percent to 3.3 percent over 12 months.

Total Nonfarm employment (in departments such as mining, transportation, education, hospitality, etc) also grew from about 532,163 to 554,768, demonstrating the increase in employment rate.