Michigan Department of Technology Management and Budget sent this bulletin at 04/15/2024 10:02 AM EDT
April 2024 | Vol. 80 | No. 1
NOTE: This long-running magazine on Michigan's employment, unemployment, and payroll job trends (and more) has begun its 80th volume in a new digital format. All articles for Michigan's Labor Market News will be found under Labor Market Information on the Michigan Center for Data and Analytics website and will shared in this email newsletter format. Moving to a digital platform will allow for more flexibility, interactivity, and sharable links.
We are excited about the opportunities that these changes offer to present data and information to our customers in new, dynamic ways. We welcome your feedback and questions as we make these transitions. Please send questions, suggestions, or feedback to DTMB-MCDA@michigan.gov.
Highlights from the Women in the Michigan Workforce Report
Women make up just under 50 percent of the Michigan labor force. Addressing issues that impact women’s education, earnings, and ability to participate in the labor force is in the best interest of the Michigan economy. The Women in the Michigan Workforce report discusses disparities faced by women to help define the scope of the issue. This summary provides some of the report’s key insights. Read the Summary
Labor Force and Industry Trends
Michigan Unemployment Rate Decreases During February
Michigan’s seasonally adjusted unemployment rate declined by 0.1 percentage points between January and February to 3.9 percent. After eight months of surpassing the national rate, Michigan’s unemployment rate during February matched the U.S. rate. Read More
Michigan Payroll Jobs Rise Significantly in February
Statewide payroll jobs saw a significant increase of 15,200 during February, ranking Michigan 3rd among all 50 states for the largest over-the-month job change. Most Michigan major industry sectors record job gains in February. Read More
Michigan Works! Regional Update: Earnings by Gender in the Detroit Employment Solutions Corporation Area
Women living in the Detroit Employment Solutions Corporation area face a smaller earnings gap than what is seen statewide. Read More
Inflation in the Detroit Metro Area Advances 2.8 Percent Since February 2023, but is Down from Previous Years
Detroit's over-the-year price increase of 2.8 percent was also lower than the U.S. inflation rate of 3.2 percent since February 2023. Read More
