Last month, the state’s seasonally adjusted jobless rate declined by three-tenths of a percentage point to 5.6%. During December, the number of employed increased by 16,000, while those unemployed decreased by 15,000. Despite the decline, December’s rate was two percentage points above the pre-pandemic February 2020 rate and total employment remained below pre-pandemic levels.
Additional highlights from the monthly report, include:
During December, the seasonally adjusted rate in the Detroit-Warren-Dearborn Metropolitan Statistical Area declined by 0.3% to 5.2%. Employment in the area grew by 15,000, while unemployment moved down by 6,000.
For more information on the monthly jobs report, please click here.
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