Lansing - East Lansing Employment
2024 Economic Outlook
Updated on 09/27/2023
Lansing Employment Forecast
Lansing Employment Forecast
| Lansing Employment (000s) |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Total Nonfarm |
237.68 |
217.12 |
220.47 |
229.71 |
237.79 |
243.21 |
| |
0.2% |
-8.7% |
1.5% |
4.2% |
3.5% |
2.3% |
| Total Private |
170.52 |
155.51 |
162.48 |
170.64 |
175.74 |
180.37 |
| |
-0.2% |
-8.8% |
4.5% |
5.0% |
3.0% |
2.6% |
| Goods Producing |
27.47 |
25.87 |
27.67 |
29.77 |
31.99 |
34.39 |
| |
-2.2% |
-5.8% |
7.0% |
7.6% |
7.4% |
7.5% |
| Service-Providing |
210.21 |
191.24 |
192.81 |
199.94 |
205.81 |
208.81 |
| |
0.5% |
-9.0% |
0.8% |
3.7% |
2.9% |
1.5% |
| Mining, Logging, and Construction |
8.20 |
8.00 |
8.53 |
9.10 |
9.54 |
9.83 |
| |
2.3% |
-2.4% |
6.5% |
6.7% |
4.9% |
3.0% |
| Manufacturing |
19.27 |
17.86 |
19.14 |
20.68 |
22.46 |
24.56 |
| |
-4.0% |
-7.3% |
7.1% |
8.1% |
8.6% |
9.4% |
| Durable Goods |
13.88 |
12.85 |
13.93 |
15.17 |
16.77 |
18.75 |
| |
-4.4% |
-7.4% |
8.4% |
8.9% |
10.5% |
11.9% |
| Transportation Equipment
Manufacturing |
7.50 |
6.88 |
7.82 |
9.16 |
10.63 |
12.34 |
| |
-8.1% |
-8.3% |
13.6% |
17.3% |
16.0% |
16.1% |
| Other Durable Goods Manufacturing |
6.38 |
5.97 |
6.11 |
6.01 |
6.15 |
6.42 |
| |
0.3% |
-6.5% |
2.4% |
-1.6% |
2.4% |
4.3% |
| Non-Durable Goods |
5.39 |
5.01 |
5.20 |
5.51 |
5.70 |
5.81 |
| |
-2.7% |
-7.1% |
3.8% |
5.9% |
3.5% |
1.9% |
| Trade, Transportation, and Utilities |
36.36 |
33.49 |
35.18 |
35.76 |
36.64 |
37.10 |
| |
-2.1% |
-7.9% |
5.0% |
1.7% |
2.5% |
1.3% |
| Wholesale Trade |
6.45 |
5.96 |
5.87 |
5.62 |
5.77 |
5.80 |
| |
-2.1% |
-7.6% |
-1.4% |
-4.4% |
2.8% |
0.6% |
| Retail Trade |
21.50 |
19.74 |
20.56 |
20.84 |
21.28 |
21.21 |
| |
-2.0% |
-8.2% |
4.1% |
1.4% |
2.1% |
-0.3% |
| Transportation and Utilities |
8.40 |
7.79 |
8.74 |
9.31 |
9.58 |
10.09 |
| |
-2.2% |
-7.3% |
12.2% |
6.4% |
2.9% |
5.4% |
| Information |
3.02 |
3.19 |
3.41 |
3.86 |
4.01 |
4.04 |
| |
4.0% |
5.5% |
6.8% |
13.2% |
3.8% |
0.8% |
| Financial Activities |
17.20 |
17.40 |
17.79 |
18.18 |
18.39 |
18.67 |
| |
3.6% |
1.2% |
2.2% |
2.2% |
1.1% |
1.5% |
| Professional and Business Services |
24.31 |
21.84 |
22.68 |
25.00 |
25.51 |
25.78 |
| |
1.3% |
-10.2% |
3.9% |
10.2% |
2.1% |
1.1% |
| Professional, Scientific, and
Technical Services |
9.40 |
9.38 |
9.61 |
10.63 |
11.28 |
11.60 |
| |
3.7% |
-0.2% |
2.4% |
10.7% |
6.1% |
2.9% |
| Admin & Support and Waste Mngt
and Rem Services |
12.05 |
9.90 |
10.68 |
11.61 |
12.11 |
12.20 |
| |
-0.4% |
-17.9% |
7.8% |
8.7% |
4.4% |
0.7% |
| Other Prof. and Business Services |
2.86 |
2.55 |
2.40 |
2.76 |
2.12 |
1.98 |
| |
1.0% |
-10.8% |
-5.9% |
14.8% |
-23.2% |
-6.3% |
| Education and Health Services |
32.63 |
30.72 |
31.05 |
30.95 |
31.70 |
32.29 |
| |
0.8% |
-5.9% |
1.1% |
-0.3% |
2.4% |
1.9% |
| Education Services |
4.61 |
4.02 |
4.02 |
4.13 |
4.33 |
4.45 |
| |
-3.2% |
-12.9% |
-0.1% |
2.7% |
5.0% |
2.7% |
| Health Care and Social Assistance |
28.01 |
26.69 |
27.03 |
26.82 |
27.37 |
27.85 |
| |
1.5% |
-4.7% |
1.3% |
-0.8% |
2.0% |
1.7% |
| Leisure and Hospitality |
19.34 |
14.14 |
15.53 |
17.28 |
17.59 |
18.05 |
| |
0.2% |
-26.9% |
9.8% |
11.3% |
1.8% |
2.7% |
| Other Services |
10.18 |
8.88 |
9.16 |
9.83 |
9.96 |
10.04 |
| |
-2.2% |
-12.8% |
3.1% |
7.4% |
1.3% |
0.8% |
| Government |
67.16 |
61.62 |
57.99 |
59.07 |
62.04 |
62.83 |
| |
1.3% |
-8.3% |
-5.9% |
1.9% |
5.0% |
1.3% |
| Federal Government |
1.90 |
2.02 |
1.93 |
1.93 |
1.91 |
1.89 |
| |
-4.2% |
6.2% |
-4.1% |
0.0% |
-1.3% |
-0.7% |
| State Government |
46.84 |
41.73 |
38.44 |
39.07 |
41.47 |
42.17 |
| |
1.7% |
-10.9% |
-7.9% |
1.6% |
6.1% |
1.7% |
| Local Government |
18.42 |
17.86 |
17.62 |
18.06 |
18.68 |
18.77 |
| |
0.7% |
-3.1% |
-1.4% |
2.5% |
3.4% |
0.5% |
| Employment Survey
Statistics |
|
|
|
|
|
|
| Labor Force |
250,436 |
243,696 |
235,107 |
241,503 |
250,541 |
255,772 |
| Employment |
241,727 |
225,414 |
222,642 |
230,879 |
241,546 |
247,240 |
| Unemployment |
8,709 |
18,282 |
12,464 |
10,624 |
8,996 |
8,532 |
| Unemployment Rate |
3.5 |
7.5 |
5.3 |
4.4 |
3.6 |
3.3 |
| Source: Center
for Economic Analysis, Michigan State University |
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