Technology, Management and Budget
FOR IMMEDIATE RELEASE
April 14, 2021
Caleb Buhs, email@example.com or 517-282-6018
LANSING, Mich. -- Michigan’s seasonally adjusted unemployment rate inched down by a tenth of a percentage point to 5.1 percent in March, according to data released today by the Michigan Department of Technology, Management & Budget. Total employment in the state rose by 12,000, while unemployment edged down by 4,000, resulting in a minor workforce gain of 8,000 over the month.
The U.S. jobless rate fell by two-tenths of a percentage point between February and March to 6.0 percent. Michigan’s unemployment rate in March was 0.9 percentage points below the national rate. Since March 2020, the U.S rate advanced by 1.6 percentage points, a slightly larger gain than the 1.4 percentage point increase exhibited by the state.
“Michigan’s labor market was stable in March,” said Wayne Rourke, associate director of the Bureau of Labor Market Information and Strategic Initiatives. “The state jobless rate and number of payroll jobs were little changed over the month. Payroll jobs and total employment have dropped sharply in Michigan over the past year due to the impact of the pandemic.”
Monthly labor force trends and highlights
Detroit region jobless rate unchanged in March
The Detroit-Warren-Dearborn Metropolitan Statistical Area’s (MSA) seasonally adjusted March unemployment rate was unchanged in March at 4.5 percent. The regional labor force edged up by 13,000 over the month.
The Detroit MSA jobless rate rose by 0.3 percentage points over the past year. Employment levels fell by 134,000, while the number of unemployed remained unchanged. The Detroit metro region workforce level receded significantly by 133,000 since March 2020.
Payroll jobs increase slightly over the month
The monthly survey of employers indicated that seasonally adjusted Michigan payroll jobs edged up by 15,000 over the month, or 0.4 percent. Michigan’s total nonfarm job count in March was 4,133,000.
Minor employment advances were observed in several Michigan industries. The most prominent over-the-month numerical job addition occurred in the state’s leisure and hospitality sector (+6,000).
Industry employment trends and highlights
For more detailed information, including data tables, view the full release.