Level Chart

Basic Info

Michigan Unemployment Rate is at 4.70%, compared to 4.50% last month and 4.20% last year. This is lower than the long term average of 7.64%.

Stats

Last Value 4.70%
Latest Period Oct 2024
Last Updated Nov 19 2024, 10:33 EST
Next Release Dec 20 2024, 10:30 EST
Long Term Average 7.64%
Average Growth Rate 5.58%
Value from Last Month 4.50%
Change from Last Month 4.44%
Value from 1 Year Ago 4.20%
Change from 1 Year Ago 11.90%
Frequency Monthly
Unit Percent
Adjustment Seasonally Adjusted
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Historical Data

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Date Value
October 31, 2024 4.70%
September 30, 2024 4.50%
August 31, 2024 4.50%
July 31, 2024 4.40%
June 30, 2024 4.10%
May 31, 2024 3.90%
April 30, 2024 3.90%
March 31, 2024 3.90%
February 29, 2024 3.90%
January 31, 2024 4.00%
December 31, 2023 4.10%
November 30, 2023 4.10%
October 31, 2023 4.20%
September 30, 2023 4.10%
August 31, 2023 4.00%
July 31, 2023 3.80%
June 30, 2023 3.70%
May 31, 2023 3.60%
April 30, 2023 3.60%
March 31, 2023 3.70%
February 28, 2023 3.80%
January 31, 2023 4.00%
December 31, 2022 4.10%
November 30, 2022 4.20%
October 31, 2022 4.20%
Date Value
September 30, 2022 4.10%
August 31, 2022 4.00%
July 31, 2022 4.00%
June 30, 2022 4.00%
May 31, 2022 4.00%
April 30, 2022 4.10%
March 31, 2022 4.20%
February 28, 2022 4.30%
January 31, 2022 4.40%
December 31, 2021 4.60%
November 30, 2021 4.90%
October 31, 2021 5.30%
September 30, 2021 5.60%
August 31, 2021 5.90%
July 31, 2021 6.20%
June 30, 2021 6.20%
May 31, 2021 6.20%
April 30, 2021 6.20%
March 31, 2021 6.20%
February 28, 2021 6.40%
January 31, 2021 6.50%
December 31, 2020 7.00%
November 30, 2020 7.10%
October 31, 2020 7.50%
September 30, 2020 8.70%

Basic Info

Michigan Unemployment Rate is at 4.70%, compared to 4.50% last month and 4.20% last year. This is lower than the long term average of 7.64%.

Stats

Last Value 4.70%
Latest Period Oct 2024
Last Updated Nov 19 2024, 10:33 EST
Next Release Dec 20 2024, 10:30 EST
Long Term Average 7.64%
Average Growth Rate 5.58%
Value from Last Month 4.50%
Change from Last Month 4.44%
Value from 1 Year Ago 4.20%
Change from 1 Year Ago 11.90%
Frequency Monthly
Unit Percent
Adjustment Seasonally Adjusted
Download Source File Upgrade