July 01, 2024
On a seasonally adjusted basis, Michigan total nonfarm payroll jobs rose by 7,900, or 0.2 percent, to 4,503,700. Payroll jobs increased for the fourth consecutive month in May, resulting in the highest payroll jobs level in more than 20 years. Additionally, among all 50 states, Michigan ranked 13th for the largest over-the-month numeric payroll job change.
Monthly Job Change (Data in Thousands)
Source: Current Employment Statistics, Michigan Center for Data and Analytics
In the U.S., total nonfarm payroll jobs increased by 0.2 percent, or 272,000, over the month, matching the statewide rate of change. Over the month, several sectors including Private education and health services (+86,000); Government (+43,000); and Leisure and hospitality (+42,000) recorded job gains.
In May, job growth was seen across seven of 11 statewide super sectors. The largest over-the-month employment advance was recorded within Leisure and hospitality (+5,600), mainly due to notable job additions within its subsectors, Arts, entertainment, and recreation (+2,500) and Accommodation and food services (+3,100). Over the month, several major sectors including Private education and health services (+1,400); Trade, transportation, and utilities (+1,400); and Financial activities (+1,100) grew modestly. Since April, the only sectors to see a payroll jobs decline were the state’s Professional and business services (-1,200); Manufacturing (-1,100); and Other services (-200) sectors.
Over the year, total nonfarm payroll jobs in Michigan increased by 41,400, or 0.9 percent. While payroll jobs increased in only five of 11 major statewide industry sectors, significant employment growth was observed in Government (+17,200); Private education and health services (+16,900); and Construction (+15,900). On a percentage basis, Construction noted the largest over-the-year rate of change (+8.4 percent). Over the year, Professional and business services (-12,500); Manufacturing (-8,200); and Financial activities (-3,800) noted the greatest payroll job losses.
Over the year, total U.S. employment rose by 1.8 percent, 0.9 percentage points above the Michigan’s rate of change. On a percentage basis, Private education and health services (+4.3 percent); Construction (+3.1 percent); and Government (+2.7 percent) recorded the most significate rate changes.
On a not seasonally adjusted basis, employment advanced over the month in every Michigan Metropolitan Statistical Area (MSA) except Ann Arbor. In May, the statewide rate of change (+1.3 percent) was seven-tenths of a percentage point above the U.S. rate. Five of 14 metro areas noted job advancements above Michigan’s rate, whereas 10 metro areas noted job rate changes greater than the national rate (+0.6 percent). Employment in Leisure and hospitality increased in all Michigan metro areas, noting an average employment advance of 6.1 percent across all MSAs in May.
Over the year, 11 of Michigan’s 14 metro areas saw employment growth. The largest over-the-year rate changes were noted in the Monroe (+3.0 percent); Niles (+2.1 percent); and Muskegon (+1.8 percent) metro areas. Since May 2023, three metro areas recorded yearly declines, with the largest decrease observed in the Jackson MSA (-0.8 percent). All Michigan metro areas saw increased employment within the Mining, logging, and construction industry over the year.
(Not seasonally adjusted)
Source: Current Employment Statistics, Michigan Center for Data and Analytics
For more information on Michigan's statewide and regional labor markets, read the full press releases from the Michigan Center for Data and Analytics. Download custom employment and unemployment data with the MCDA Data Search tool.
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