Lansing – Michigan’s seasonally adjusted unemployment rate was unchanged in April at 4.7 percent, according to data released today by the Michigan Department of Technology, Management & Budget (DTMB). Total employment increased by 6,000 over the month and the number of unemployed declined by 2,000. The net impact was a 4,000 advance in the state’s workforce over the month.
The Michigan jobless rate in April 2018 was three-tenths of a percentage point above the state’s April 2017 rate of 4.4 percent. The national jobless rate declined by five-tenths of a percentage point over this period. The state’s unemployment rate in April was eight-tenths of a percentage point above the national rate. The U.S. jobless rate decreased by two-tenths of a percentage point to 3.9 percent in April.
“Although Michigan’s jobless rate was unchanged over the month, a number of the state’s industry sectors reported lower than normal April seasonal job gains,” said Jason Palmer, director of the Bureau of Labor Market Information and Strategic Initiatives. “Hiring in industries such as Leisure and hospitality services and Construction was likely limited in April by weather conditions.”
Monthly Labor Force Trends & Highlights
· Michigan’s unemployment rates, and overall labor market, have been very stable since September. The state’s monthly jobless rates remained at 4.7 percent over much of that period.
· Since September, total employment advanced moderately in Michigan by 6,000 while the number of unemployed edged downward by 2,000. The state’s workforce has remained essentially flat over this period at around 4,900,000.
· April marked the 17th consecutive month dating back to December 2016 that the number of unemployed in Michigan remained below 250,000. The last time that occurred was in 2000 to 2001.
· Since April 2017, total employment in Michigan advanced by 23,000 or 0.5 percent while the number of unemployed increased by 12,000 or 5.6 percent. The state’s labor force rose by 35,000 or 0.7 percent over that period. Nationally, total employment increased by 1.3 percent and the number of unemployed fell by 9.6 percent since April 2017. The nation’s workforce grew by 0.8 percent over the year.