August 05, 2024
On a seasonally adjusted basis, Michigan total nonfarm payroll jobs were virtually unchanged in June, rising minimally by 200 to a total of 4,507,100. However, payroll jobs in Michigan increased by 27,800 during the second quarter 2024, ranking 11th among all 50 states for the largest second quarter employment gain.
Monthly Job Change (Data in Thousands)
Source: Current Employment Statistics, Michigan Center for Data and Analytics
Across the U.S., total nonfarm payroll jobs increased by 0.1 percent, or 206,000, over the month. In June, employment gains were primarily seen in Private education and health services (+82,000), Government (+70,000), and Construction (+27,000).
Over the month, Michigan payroll jobs increased in only four of the 11 statewide super sectors, led by Private education and health services (+2,400) and Professional and business services (+2,300). These gains were essentially offset by employment declines in multiple sectors, as industries including Manufacturing (-2,500) and Leisure and hospitality (-1,000) recorded job losses in June.
Total payroll jobs in Michigan rose by 27,800 in the second quarter of 2024. This quarter’s employment growth was primarily the result of job additions within the Private education and health services and Professional and business services sectors. During the second quarter 2024, employment within Michigan’s Private education and health services industry grew by 7,300, which was driven by job growth within two of its subsectors, Health care and social assistance (+5,200) and Private educational services (+2,100). The state’s Professional and business services sector also added 6,400 jobs during second quarter 2024, the largest second quarter job gain in over 10 years.
Over the year, total nonfarm payroll jobs in Michigan rose by 35,500, or 0.8 percent. Since June 2023, six of the 11 major statewide industries demonstrated strong employment growth, with job additions seen in Government (+20,900), Private education and health services (+16,500), and Construction (+14,400). On a percentage basis, Construction (+7.6 percent) continued to record the most significant over-the-year rate of change. Despite overall employment increases over the year, jobs declined in Manufacturing (-12,200); Professional and business services (-7,200); and Financial activities (-4,400).
Over the year, total employment in the U.S. rose by 1.7 percent, 0.9 percentage points above the statewide rate of change. Since June 2023, the most pronounced rate changes were noted within Private education and health services (+4.2 percent); Construction (+2.9 percent); and Government (+2.7 percent).
On a not seasonally adjusted basis, employment grew in 11 of 14 Michigan Metropolitan Statistical Areas (MSA) during June. Over the month, the statewide rate of change (+0.6 percent) was three-tenths of a percentage point above the U.S. rate. Additionally, five metro areas noted job advancements greater than or equal to Michigan’s rate while 10 metro regions saw a jobs rate change greater than or equal to the national rate (+0.3 percent).
Over the year, six metro areas saw employment growth. The largest over-the-year rate changes were observed in the Lansing (+1.6 percent), Bay City (+1.4 percent), and Monroe (+1.4 percent) metro areas. Six metro areas saw yearly declines, with the largest decrease seen in the Jackson MSA (-1.5 percent) over the year. Since June 2023, the Kalamazoo and Saginaw metro areas recorded no changes in employment.
(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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