In May 2023, Michigan’s unemployment rate remained stable at 3.9% for the fourth consecutive month, while the national unemployment rate rose by 0.1% to 4.0%.
Michigan:
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- The statewide labor force participation rate was stable at 62.3% over the month.
- Payroll jobs increased for the fourth consecutive month, adding 8,000 jobs.
- The leisure and hospitality sector exhibited the largest numerical gain during May, adding 6,000 jobs.
- Industries with the most pronounced over-the-year numerical job gains included government (+17,000), private education and health services (+17,000), and construction (+16,000).
Detroit-Warren-Dearborn Metropolitan Statistical Area:
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- The seasonally adjusted unemployment rate rose by 0.1% for the month to 3.9%.
- The labor force increased slightly by 1,000.
- The jobless rate advanced by 0.7% over the year.
- Since May 2023, employment rose by 15,000, and unemployment increased by 16,000.
To read the full monthly jobs report by the Department of Technology, Management, and Budget, please click here.
