Overall unemployment rate moved down to 3.8% with the biggest shift in Transportation & Utilities, which gained 8,300 roles, based on the most recently available information published in December 2021.
Total employment in the Detroit-Warren-Dearborn, MI market rose by 18,058 jobs in November and the unemployment rate decreased compared to the prior month by 70 bps to 3.8%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Detroit-Warren-Dearborn, MI unemployment rate is 9 bps below the national rate which is a positive sign.
- Unemployment in the market is 570 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 5.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Business Services: 398,200; +100
- Transportation & Utilities: 380,400; +8,300
- Education & Healthcare: 298,300; +300
- Manufacturing: 247,000; +700
- Government: 186,600; +1,600
- Restaurants & Hotels: 166,200; -1,600
- Financial Services: 126,100; -1,400
- Construction, Mining: 80,800; -1,800
- Other Jobs: 67,000; +300
- IT & Development: 25,300; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.