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Jer Staes
June 2017Metro DetroitUnemployment Rate

Metro Detroit Unemployment Rate Sees Largest Drop In U.S., Now Lower Than Boston, L.A. And New York

Here’s some positive economic news for the Detroit region. The Detroit metro area saw a 2% drop in the unemployment rate from this time last year. That’s the largest drop in any metro area in the United States larger than one million people, according to the Bureau of Labor Statistics (BLS). In June of 2016, the rate for the Detroit-Warren-Dearborn statistical area that covers the region was 5.7% and in June of 2017, it was 3.7%. “Forty-three large areas had over-the-year unemployment rate...

Jer Staes
City of DetroitUnemployment Rate

City Of Detroit Sees The Lowest Unemployment Rate In 16 Years

Jobs are one of the most important issues when it comes to Detroit’s recovery, and it has been a topic up here at the Mackinac Policy Conference. The city of Detroit in April had the lowest unemployment rate since May of 2001, according preliminary information shared by the Mayor’s office from the Bureau of Labor Statistics. The graph above tracks the year over year unemployment rate in April. The city’s rate of 8.4 percent is higher than the rest of Michigan at 4.7 percent, and the Detroit...

Jer Staes
Metro DetroitUnemployment Rate

Metro Detroit Unemployment Rate Drops To 4%

Up here at the Mackinac Policy Conference, business and political leaders may cheer the news that new data released today by the Bureau of Labor Statistics shows that the unemployment rate for Metro Detroit dropped to 4 percent in April. This is in line with the national trend, where non-seasonally adjusted unemployment rates were lower in April than a year earlier in 322 of the 388 metropolitan areas. The Detroit-Warren-Dearborn area saw a drop from 4.6 percent to 4 percent year over year f...

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