Overall unemployment rate moved up to 4.6% with the biggest shift in Restaurants & Hotels, which gained 10,000 roles, based on the most recently available information published in June 2021.
Total employment in the Detroit-Warren-Dearborn, MI market rose by 15,884 jobs in May and the unemployment rate increased compared to the prior month by 90 bps to 4.6%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Detroit-Warren-Dearborn, MI unemployment rate is 90 bps below the national rate which is a positive sign.
- Unemployment in the market is 2,020 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 2.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Business Services: 380,900; +4,400
- Transportation & Utilities: 363,700; +100
- Education & Healthcare: 294,700; +400
- Manufacturing: 230,700; +1,200
- Government: 179,600; -2,000
- Restaurants & Hotels: 161,200; +10,000
- Financial Services: 124,300; -400
- Construction, Mining: 79,600; +5,300
- Other Jobs: 65,900; +1,500
- IT & Development: 25,300; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.