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What is the unemployment rate in Michigan right now?
Unemployment in Michigan was 43,000, or 23.2 percent, above the February 2020 level. The July 2021 jobless rate of 4.8 percent was 1.1 percentage points above the pre-pandemic February 2020 rate.
What is the highest unemployment rate in Michigan?
Michigan’s jobless rate has improved significantly since April of last year, when it peaked at nearly 24%. It has fallen since then, but has hovered around 5% since the beginning of 2021. While Michigan’s unemployment rate is lower than the national average of 5.4% in July, it paints somewhat of a misleading picture.
What is Michigan’s unemployment rate 2021?
Total unemployment in the state was 36,000 or 19.4 percent, higher than the February 2020 level. The September 2021 jobless rate of 4.6 percent was above the pre-pandemic rate of 3.7 percent.
Where does Michigan rank economically?
16th
Economic Outlook Rank Michigan is currently ranked 16th in the United States for its economic outlook.
What county in Michigan has the lowest unemployment rate?
September 2021
| Area | Rate | Rank |
|---|---|---|
| Livingston County, MI | 1.9% | 1 |
| Oakland County, MI | 2.2% | 2 |
| Mackinac County, MI | 2.5% | 3 |
| Lapeer County, MI | 2.7% | 4 |
What state has the worst unemployment rate?
Unemployment California and Nevada had the highest unemployment rates in September, 7.5 percent each. Nebraska and Utah had the lowest jobless rates, 2.0 percent and 2.4 percent, respectively.
What is the unemployment rate in Detroit Michigan?
Detroit, MI Unemployment Rate: Detroit, MI Unemployment Rate is at 11.10% , compared to 9.30% last month and 10.80% last year.
What is the highest unemployment rate?
Mozambique: 24.8% 6. Lesotho, encircled by South Africa, had one of the highest unemployment rates in the world in 2019. 6 It’s also one of the poorest countries.
What is the average unemployment rate in the US?
In the United States, a normal unemployment rate is 6 to 7 percent, with anything higher than that considered a high unemployment rate.
What is the unemployment rate for US?
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. U.S. unemployment rate for 2019 was 3.68%, a 0.21% decline from 2018.