Michigan’s seasonally adjusted jobless rate remained at 3.9 percent for the third consecutive month during April, according to data released today by the Michigan Center for Data and Analytics. Employment and unemployment in the state both rose over the month, resulting in a workforce increase of 4,000 since March.
“Michigan’s jobless rate demonstrated little fluctuation during the first four months of 2024, staying at or below 4.0 percent,” said Wayne Rourke, labor market information director for Michigan’s Center for Data and Analytics. “Nonfarm jobs rose by 37,000 since the start of 2024.”
The national jobless rate edged up by 0.1 percentage points to 3.9 percent over the month, matching the state rate in April. Over the year, the U.S. unemployment rate increased by 0.5 percentage points, while Michigan’s rate rose by 0.3 percentage points since April 2023.
Labor force trends and highlights
- The statewide over-the-month minor workforce gain of 0.1 percent matched the labor force gain seen nationally.
- Over the year, total employment in the state advanced by 1.1 percent, an increase substantially larger than the employment addition in the U.S. (+0.3 percent).
- The April statewide labor force participation rate remained constant at 62.3 percent over the month.
- Michigan’s employment-population ratio was also stable, staying at 59.9 percent since March.
