Technology, Management and Budget
FOR IMMEDIATE RELEASE
August 18, 2021
Caleb Buhs, firstname.lastname@example.org or 517-282-6018
LANSING, Mich. -- Michigan's seasonally adjusted jobless rate declined by two-tenths of a percentage point to 4.8 percent in July, according to data released today by the Michigan Department of Technology, Management & Budget. Statewide total employment inched up by 4,000, while the number of unemployed decreased by 8,000, resulting in a minimal workforce reduction of 4,000 since June.
The U.S. unemployment rate fell significantly by half a percentage point between June and July to 5.4 percent. Michigan's July unemployment rate was 0.6 percentage points below the national rate. Over the year, the U.S. rate receded by 4.8 percentage points, while the statewide rate decreased by 4.2 percentage points.
"Michigan's labor market continued to recover during July," said Wayne Rourke, associate director of the Bureau of Labor Market Information and Strategic Initiatives. "The unemployment rate moved to the lowest level since March 2020, and the state recorded the largest monthly payroll job gain since February 2021."
Monthly and annual labor force trends and highlights
Michigan's July 2021 jobless rate remains above pre-pandemic levels
Detroit metro area jobless rate edged down in July
The Detroit-Warren-Dearborn Metropolitan Statistical Area's (MSA) seasonally adjusted unemployment rate decreased by a tenth of a percentage point to 4.3 percent during July. Employment inched up by 3,000, while unemployment moved down by 3,000. The Detroit MSA workforce level was essentially unchanged in July.
The Detroit region jobless rate dropped significantly by 6.8 percentage points since July 2020, as workers were recalled to jobs from pandemic-related layoffs. Employment advanced by 70,000, and the number of regional unemployed dropped sharply by 148,000. The Detroit MSA labor force remained 80,000 below year-ago levels.
Nonfarm jobs increase in most major industries in July
The monthly survey of employers indicated that total nonfarm jobs in Michigan rose in July by 31,000, or 0.8 percent, the largest monthly job gain since February. Payroll employment levels in Michigan were 4,166,000 during July.
Most major statewide industries exhibited job additions during July. The largest job advance occurred in the leisure and hospitality industry, with employment up by 12,000 in July. The only industry with a noticeable job cut in July was the auto sector, which was down by 6,000 jobs due to layoffs related to the nationwide shortage of semiconductors.
Industry employment trends and highlights
For more detailed information, including data tables, view the full release.