Jobless rates in detroit
County Jobless Rates Up Over Month, Down Over Year. Seventy-eight of Michigan’s 83 counties recorded seasonal jobless rate increases in January, with a median advance of eight-tenths of a percentage point. Three regions exhibited rate declines over the month, while rates in Livingston and Oakland counties remained unchanged. Even as the nation enjoys a historically low jobless rate and downtown Detroit booms with thousands of new workers and dozens of new projects, the long-term lack of work opportunities for The unemployment rate in Detroit is very high. As of December 2012, the unemployment rate for Detroit, Michigan was at a total of 18.2% and is on the rise. Detroit is part of the Detroit-Warren-Dearborn metropolitan area, which has an overall unemployment rate of 4 percent. The labor force in that area grew by 48,000 people over the past year. The economic recession has left Detroit with an astounding 22 percent unemployment rate, almost three times the national average. It is now one of the highest unemployment rates in the country. Local crime rates are among the highest in the United States (despite this, the overall crime rate in the city has seen a decline during the 21st century), and vast areas of the city are in a state of severe urban decay. In 2013, Detroit filed the largest municipal bankruptcy case in U.S. history, which it successfully exited on December 10
20 Dec 2019 Where the 2019 projection is for an unemployment rate of 3.4%, 2020 Overall, Detroit's employment projection for 2020 is for no change to a
1 May 2019 Annual unemployment: 9 percent (state: 4.1 percent). Detroit's violent crime rate is the highest of any city in Michigan and more than quadruple Frequently requested statistics for: Detroit city, Michigan. Owner-occupied housing unit rate, 2014-2018, 47.4%. Median value of owner-occupied housing Detroit, MI Unemployment Rate is at 7.70%, compared to 7.00% last month and 8.80% last year. This is lower than the long term average of 13.55%. Turning to other measures of Detroit’s labor market, the city’s unemployment rate edged down slightly from an average of 8.6 percent in the third quarter of 2018 to an average of 8.5 percent in the The current unemployment rate for Detroit is 8.5% in September 2019. See how other local areas compare by using our Unemployment Compare tool. Detroit, MI Unemployment Rate by Month Detroit's unemployment rate will drop to just under 8% by 2023 and 2024, researchers with the University Economic Analysis partnership said Monday. According to the forecast, Detroit's unemployment rate will fall to 7.9% by 2023 and 2024. That's down from 8.6% last year and 18.7% in July 2013, when the city filed for municipal bankruptcy.
18 Sep 2019 Detroit's MSA jobless rate rose by half a percentage point, the released continued. Notable industry employment gains occurred in professional
19 Nov 2019 The unemployment rate rose from the 4.2 percent quarterly rate in Q2 for the 16 -county region analyzed by WIN, as well as the City of Detroit, 2 Jan 2020 A year ago, Ottawa County also had the smallest jobless rate at 2.4 percent A Detroit native and University of Detroit product, he has won four 9 Dec 2019 For the past six years, the Detroit Regional Chamber's annual State of including exports, foreign direct investment, and unemployment rates. 22 Aug 2019 Crippling unemployment:The 50 counties hit hardest by joblessness. 10. The unemployment rate is also from the BLS and is as of June 2019. 31 Jul 2019 Employment levels in Detroit's auto industry could play a crucial role in whittling the already historically low jobless rate for blacks in the area.
The BLS reported that the unemployment rate for Detroit fell 0.0 percentage points in July 2019 to 4.6%. For the same month, the metro unemployment rate was 0.3 percentage points higher than the Michigan rate. The unemployment rate in Detroit peaked in June 2009 at 16.4% and is now 11.8 percentage points lower.
26 Jun 2019 The unemployment rate is 15.8% in Newark, N.J. It's an alarming 17.4% in Detroit . And in Flint, Mich. more than a quarter of the population is 19 Nov 2019 The unemployment rate rose from the 4.2 percent quarterly rate in Q2 for the 16 -county region analyzed by WIN, as well as the City of Detroit, 2 Jan 2020 A year ago, Ottawa County also had the smallest jobless rate at 2.4 percent A Detroit native and University of Detroit product, he has won four
In the 1950s, the unemployment rate hovered near 10 percent. 1950s to 1960s freeway construction. See also:
Graph and download economic data for Unemployment Rate in Detroit-Warren- Dearborn, MI (MSA) (DETR826URN) from Jan 1990 to Dec 2019 about Detroit, Unemployment Rate(2). Go to web page with historical data for series LAUDV261980400000003. 4.9, 4.5, 4.0, (p)4.4. Nonfarm Wage and Salary Employment.
2 Jan 2020 A year ago, Ottawa County also had the smallest jobless rate at 2.4 percent A Detroit native and University of Detroit product, he has won four 9 Dec 2019 For the past six years, the Detroit Regional Chamber's annual State of including exports, foreign direct investment, and unemployment rates.