April 21, 2024 2:39 am
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Local News

Local Unemployment Drops 3.2 Percent Since 2021

Credit: iStock

Staff Writer

As released in the Bureau of Labor Statistics report earlier last month, Michigan’s unemployment rate was 4.1 percent in August, down from 4.2 percent in July. 

Locally, according to a Bureau of Labor Statistics report released on September 28, the Detroit-Warren-Dearborn metropolitan area unemployment rate stayed the same between July and August at 3.5 percent.

Since August 2021, the local unemployment rate has dropped 3.2 percent. 

The data shows good signs of economic recovery as the state continues to recover from job losses caused by the Covid-19 pandemic.

A Shrinking Job Market- State of Employment in MI

Data from the U.S. The Bureau of Labor Statistics provides insight into the scope of employment in Michigan. With information from as recently as January, 2024, we can compare Michigan’s employment turnover data with that of other states to get a better picture of how things stand here in the Great Lakes State.