Overall unemployment rate moved up to 4.5% with the biggest shift in Restaurants & Hotels, which gained 8,300 roles, based on the most recently available information published in April 2021.
Total employment in the Detroit-Warren-Dearborn, MI market rose by 31,811 jobs in March and the unemployment rate increased compared to the prior month by 20 bps to 4.5%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- Detroit-Warren-Dearborn, MI unemployment rate is 168 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 March versus prior month by 3.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Business Services: 373,200; +2,300
- Transportation & Utilities: 364,900; +800
- Education & Healthcare: 294,800; -200
- Manufacturing: 235,700; -300
- Government: 180,400; +900
- Restaurants & Hotels: 149,000; +8,300
- Financial Services: 123,200; -300
- Construction, Mining: 70,900; +2,500
- Other Jobs: 64,500; +400
- IT & Development: 25,100; +200
Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.