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Michigan

						
						

Michigan Employment Analysis

( Data Date : October 2017 )

Michigan Employment Data

Great Lakes State took one of the hardest hits of any state in the last decade, but is mounting a comeback. Due in part to its lack of economic diversity, after decades of living and dying with the fortunes of the auto industry, Michigan has taken significant steps to change its identity. Finally reaching pre-recession payroll job levels in January of 2015, professional, education, and health services have led the way since 2008. Michigan still has a strong industrial profile, counting construction, mining and logging, and manufacturing among the industries in which it outpaces the national average in job growth. (Source: Michigan Bureau of Labor Market Information & Strategic Initiatives)





The latest employment scorecard for the State of Michigan for August 2016 to August 2017 is listed below, based on data from the U.S. Bureau of Labor Statistics. Michigan held serve in 2016-2017, according to the employment scorecard. Labor force growth was flat, when at least some growth is desired. The labor force participation rate fell slightly, down 0.2 percent to 60.9 percent. The unemployment rate declined by 1.0 percent, to a healthy 3.9 percent. Combined with the nearly static labor force figures, this implies that the lower unemployment rate means people are finding jobs, rather than leaving the labor force.  You can view what jobs are available in Michigan, as well as which sectors of the economy are growing most quickly, on our Job Listings page.

Michigan employment

Michigan Employment Data:

Michigan Unemployment Rate Trends (% change)


  • Compared to national rates, michigan unemployment rate in October 2017 was higher by 0.1% than the U.S. rate of 4.1%.




  • Employment information is based on data provided by the U.S. Bureau of Labor Statistics (BLS).

    Graphs and charts are based on monthly data from 2000 to present (BLS reports monthly data a month to six weeks after the close of each month).

    The data MuniNet Guide uses and presents is seasonally adjusted.