Labor Market Information
The labor market in the southeast Michigan area has experienced relative stability since 2010. The labor force decreased by 19,506 workers (-0.7 percent) between Q4 2017 and Q1 2018. Employment in the 16-county area has also decreased from Q4 2017, by 34,846 workers (- 1.3 percent). With employment falling more than the labor force, the unemployment rate rose this quarter: the quarterly unemployment rate increased by 0.6 percentage points between Q4 2017 and Q1 2018 to 4.7 percent.
Annual Labor Market Information
Moving away from a ten-year high, the labor force in the southeast Michigan dropped by 14,610 individuals between 2017 and 2018. Employment also fell by 24,690 workers between recent years. With employment decreasing at a greater rate, the unemployment rate rose by 0.3 percentage points to a current annual rate of 4.7 percent in the 16-county WIN partnership region.
Labor Force, Employment, Unemployment Rate
Data: BLS | Analysis: Workforce Intelligence Network
Quarterly Labor Market Data
Note: Monthly data averaged by quarter | Data: BLS