Overall unemployment rate moved down to 3.7% with the biggest shift in Manufacturing, which gained 12,300 roles, based on the most recently available information published in September 2021.
Total employment in the Detroit-Warren-Dearborn, MI market rose by 12,563 jobs in August and the unemployment rate decreased compared to the prior month by 80 bps to 3.7%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Detroit-Warren-Dearborn, MI unemployment rate is 159 bps below the national rate which is a positive sign.
- Unemployment in the market is 690 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 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 1.1% . Key sectors include:
- Business Services: 385,800; +4,100
- Transportation & Utilities: 368,000; +300
- Education & Healthcare: 294,700; +1,300
- Manufacturing: 239,700; +12,300
- Restaurants & Hotels: 172,800; +1,100
- Government: 168,900; +1,200
- Financial Services: 127,400; +800
- Construction, Mining: 81,800; -900
- Other Jobs: 67,200; +200
- IT & Development: 25,300; -100
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.