Technology, Management and Budget
FOR IMMEDIATE RELEASE
Sept 15, 2021
Christyn Herman, firstname.lastname@example.org or 517-897-6969
LANSING, Mich. -- Michigan's seasonally adjusted jobless rate displayed little change in August, edging down by a tenth of a percentage point to 4.7 percent, according to data released today by the Michigan Department of Technology, Management & Budget. Employment in Michigan increased by 14,000 and unemployment declined by 3,000, resulting in a monthly workforce advance of 11,000.
The national jobless rate moved down by two-tenths of a percentage point over the month to 5.2 percent and was half a percentage point above the Michigan rate. Since August 2020, the national rate fell by 3.2 percentage points, while the statewide rate declined by 3.8 percentage points.
"Michigan's labor market indicators displayed only minimal change in August," said Wayne Rourke, associate director of the Bureau of Labor Market Information and Strategic Initiatives. "However, total employment and payroll jobs both continued to edge up over the month."
Monthly and annual labor force trends and highlights
Michigan's August 2021 employment levels remain below pre-pandemic levels
Detroit metro area jobless rate decreases during August
The Detroit-Warren-Dearborn Metropolitan Statistical Area's (MSA) seasonally adjusted unemployment rate declined by two-tenths of a percentage point during August to 4.1 percent. The Detroit MSA employment total advanced by 8,000, while unemployment inched down by 3,000. The region's workforce rose by 6,000 over the month.
The Detroit MSA unemployment rate declined by 6.5 percentage points over the year. Employment increased by 63,000 since August 2020 as persons were recalled from pandemic-related layoffs.
Michigan payroll jobs inch up modestly in August
The monthly survey of employers indicated that total Michigan nonfarm employment was stable in August, advancing by 5,000, or 0.1 percent, resulting in an August job total of 4,172,000.
Minor job changes occurred in most statewide industries between July and August. The most pronounced over-the-month employment addition occurred in the state's transportation equipment manufacturing sector (+4,000). Recalls and layoffs in this industry continued in August as a result of shortages of semiconductors used in vehicles.
Industry employment trends and highlights
For more detailed information, including data tables, view the full release.