Overall unemployment rate stayed flat at 3.5% with the biggest shift in Manufacturing, which gained 3,300 roles, based on the most recently available information published in September 2022.
Total employment in the Detroit-Warren-Dearborn, MI market rose by 3,683 jobs in August and the unemployment rate stayed flat. The national unemployment rate stayed flat over the same time period at 3.8%.
- Detroit-Warren-Dearborn, MI unemployment rate is 29 bps below the national rate which is a positive sign.
- Unemployment in the market is 320 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 6.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Business Services: 400,000; -1,800
- Transportation & Utilities: 383,900; +500
- Education & Healthcare: 299,700; no change
- Manufacturing: 256,900; +3,300
- Restaurants & Hotels: 189,500; -100
- Government: 172,500; +900
- Financial Services: 132,500; -500
- Construction, Mining: 84,000; -1,200
- Other Jobs: 72,700; -400
- IT & Development: 28,400; +100
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.