Overall unemployment rate moved down to 3.3% with the biggest shift in Government, which gained 13,900 roles, based on the most recently available information published in November 2022.
Total employment in the Detroit-Warren-Dearborn, MI market declined by 3,698 jobs in September and the unemployment rate decreased compared to the prior month by 20 bps to 3.3%. The national unemployment rate decreased by 47 bps over the same time to 3.3%.
- Detroit-Warren-Dearborn, MI unemployment rate is 2 bps below the national rate which is a positive sign.
- Unemployment in the market is 240 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 8.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:
- Business Services: 400,600; +300
- Transportation & Utilities: 380,800; -3,200
- Education & Healthcare: 299,400; +100
- Manufacturing: 255,300; -1,900
- Government: 187,200; +13,900
- Restaurants & Hotels: 177,000; -12,500
- Financial Services: 131,300; -1,900
- Construction, Mining: 86,100; +2,000
- Other Jobs: 71,500; -1,200
- IT & Development: 28,400; +100
Data is based on the most recent 12 months available, through September 2022 (Data published November 2022 and reports created on November 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.