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Michigan Unemployment Rate Decreases in September

Michigan’s unemployment rate dropped slightly in September by a tenth of a percentage point to 4.6%, according to data released by the Michigan Department of Technology, Management and Budget.

The department says statewide employment total advanced by 16,000, while the number of unemployed Michiganders dropped down by 4,000. Additionally, Michigan’s labor force increased by 12,000 over September.

“Michigan’s labor market was stable in September,” said Wayne Rourke, Associate Director of the Bureau of Labor Market Information and Strategic Initiatives. “The unemployment rate and payroll job counts both showed minimal change over the month.”

According to the Michigan Department of Technology, Management and Budget, the state’s total employment level increased by 0.4% over September, which they say is similar to the national rate of growth of 0.3%.

Additionally, they say total unemployment declined in Michigan and in the U.S. since Sept. 2020 as Americans returned to jobs from pandemic-related layoffs.

Furthermore, they say the statewide jobless rate in the third quarter of 2021 was well below that of 2020’s third quarter.

However, the department states that Michigan’s Sept. 2021 employment level remained 226,000, or 4.8%, below the Feb. 2020 pre-pandemic total.

They say total unemployment in the state was 36,000, or 19.4%, higher than the Feb. 2020 level, and the Sept. 2021 jobless rate of 4.6% was above the pre-pandemic rate of 3.7%.

The Michigan Department of Technology, Management and Budget states that the monthly survey of employers specified that total payroll employment increased by 8,000 in September, resulting on a September job level of 4,181,000.

They also say minor employment changes also occurred in multiple industries in September.

According to the department, Michigan’s leisure and hospitality sector had the largest monthly job gain on a seasonally adjusted basis. They say jobs (unadjusted) in this industry always decrease seasonally in September, but the decrease in jobs in Sept. 2021 was smaller than usual.

The Department of Technology, Management and Budget also reports that September was the fifth month in a row to show an over-the-month payroll employment increase, although job gains in the past two months have been modest.

They say the statewide education and health services sector showed the largest over-the-month job decline by 0.9%, and manufacturing jobs rose slightly for the second consecutive month during September.

Statewide payroll employment increased by 2.4%, or 99,000, over the year. Michigan nonfarm jobs were 272,000, or 6.1%, below the Feb. 2020 pre-pandemic level.

Furthermore, Michigan’s professional and business services sector showed the largest over-the-year numeric job increase by adding 30,000 positions since Sept. 2020.

For more details on Michigan’s unemployment rates during September,

 

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