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Labor Force Overview
19-County WIN Region Q4 2021 LABOR FORCE, EMPLOYMENT, AND UNEMPLOYMENT
The labor market indicators in southeast Michigan continued to show improvement into Q4, particularly the 5.6% drop in unemployment, which is equal to a decrease of 172,975 unemployed individuals and an increase of 79,457 employed individuals. The labor force participation rate is noteworthy, as it has decreased by 93,518 individuals during that same time frame.
Data: Bureau of Labor Statistics
CENSUS 2020 LABOR FORCE DEMOGRAPHICS
As the most current census year, 2020 data indicated a labor force of 3,116,577 individuals in southeast Michigan. The labor force is defined as individuals who are either working or looking for work. In Q4, employed individuals in southeast Michigan accounted for slightly less than half of the populations (46.9%), at 2,918,637 individuals. The highest unemployment rates were experienced by those aged 24 years or younger, with males making up a slightly higher percentage of the total unemployment rate in every age group. Asian workers experienced the lowest unemployment rate at 4.4%, while Black/ African-American workers experienced the highest rate of unemployment at 14.9%.
