Not seasonally adjusted unemployment rates increased in 14 of Michigan’s 17 labor market areas over the month of July, according to data released by the Michigan Department of Technology, Management & Budget.
“Michigan regional labor markets exhibited typical jobless rate hikes during July,” said Wayne Rourke, labor market information director of the Michigan Center for Data and Analytics. “Seasonal job cuts in the state’s government sector contributed to payroll employment decreases across most metro areas.”
Michigan regional unemployment rates ranged from 3.8 to 5.8 percent in July, with a median jobless rate increase of 0.1 percentage points over the month. Only the Upper Peninsula (-0.1 percentage points) exhibited an unemployment rate decrease during the month, while both the Midland metropolitan statistical area (MSA) and the Northwest Lower Michigan region saw no change in rate since June.
Since July 2022, jobless rates receded in 16 Michigan labor market areas, with a median rate reduction of 0.5 percentage points. The largest over-the-year rate decrease occurred in the Lansing MSA (-1.6 percentage points).
Regional employment levels down over month, up over year
Employment decreased in 14 Michigan labor market areas over the month, with a median reduction of 0.5 percent. The largest decrease was seen in the Lansing metro area (-0.8 percent). Total employment rose in three Michigan regions, with the greatest over-the-month change observed in the Detroit MSA (+1.4 percent).
Employment advanced in all 17 Michigan regions over the year, with a median increase of 3.2 percent. The most prominent over-the-year employment gain occurred in the Ann Arbor MSA (+5.3 percent).
