Overall unemployment rate moved up to 4.8% with the biggest shift in Restaurants & Hotels, which gained 9,800 roles, based on the most recently available information published in July 2021.
Total employment in the Detroit-Warren-Dearborn, MI market rose by 4,645 jobs in June and the unemployment rate increased compared to the prior month by 20 bps to 4.8%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Detroit-Warren-Dearborn, MI unemployment rate is 129 bps below the national rate which is a positive sign.
- Unemployment in the market is 1,390 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 4.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.4% . Key sectors include:
- Business Services: 382,700; +1,500
- Transportation & Utilities: 368,500; +4,500
- Education & Healthcare: 294,900; +1,700
- Manufacturing: 234,900; +3,800
- Government: 179,900; +400
- Restaurants & Hotels: 170,200; +9,800
- Financial Services: 126,400; +2,200
- Construction, Mining: 82,000; +2,800
- Other Jobs: 66,400; +500
- IT & Development: 25,200; -100
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.