Overall unemployment rate moved down to 4.6% with the biggest shift in Manufacturing, which gained 6,600 roles, based on the most recently available information published in April 2022.
Total employment in the Detroit-Warren-Dearborn, MI market rose by 15,646 jobs in March and the unemployment rate decreased compared to the prior month by 80 bps to 4.6%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Detroit-Warren-Dearborn, MI unemployment rate is 85 bps above the national rate which is a negative sign.
- Unemployment in the market is 230 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 8.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Business Services: 393,700; +1,200
- Transportation & Utilities: 378,800; -500
- Education & Healthcare: 298,300; +800
- Manufacturing: 250,300; +6,600
- Government: 185,200; +300
- Restaurants & Hotels: 169,500; +2,300
- Financial Services: 129,400; +1,500
- Construction, Mining: 76,500; +1,900
- Other Jobs: 70,100; +200
- IT & Development: 27,600; no change
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.