Overall unemployment rate moved down to 4.2% with the biggest shift in Construction, Mining, which gained 3,000 roles, based on the most recently available information published in June 2022.
Total employment in the Detroit-Warren-Dearborn, MI market declined by 26,413 jobs in April and the unemployment rate decreased compared to the prior month by 40 bps to 4.2%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Detroit-Warren-Dearborn, MI unemployment rate is 86 bps above the national rate which is a negative sign.
- Unemployment in the market is 220 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 10.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Business Services: 393,300; +300
- Transportation & Utilities: 379,200; -300
- Education & Healthcare: 301,300; +2,900
- Manufacturing: 247,900; -1,900
- Government: 186,500; +1,500
- Restaurants & Hotels: 169,900; +700
- Financial Services: 129,700; +600
- Construction, Mining: 79,300; +3,000
- Other Jobs: 70,600; +200
- IT & Development: 27,600; -100
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.