Unemployment Rate at Record Low

In April, Michigan’s unemployment rate declined to 3.8%, comparable to the lowest levels Michigan has seen only three times since the 1970’s.

Key Points:

• • April’s labor force participation rate increased to the highest level in three years.
  • The statewide labor force remains below the February 2020, pre-pandemic level.
  • Employment rose by 30,000 during the month, while unemployment decreased by 14,000.
  • The Detroit-Warren-Dearborn Metropolitan Statistical Area’s employment increased by 11,000 over the month, while unemployment declined by 7,000.
  • The professional and business services sector exhibited the largest numerical employment gain over the month, rising by 3,000.

For more information, please click here to read the full release by the Department of Technology, Management, and Budget.