Level Chart

Basic Info

Novi, MI Unemployment Rate is at 2.50%, compared to 2.30% last month and 2.20% last year. This is lower than the long term average of 3.76%.

Stats

Last Value 2.50%
Latest Period Oct 2024
Last Updated Nov 27 2024, 14:01 EST
Next Release Jan 3 2025, 10:30 EST
Long Term Average 3.76%
Average Growth Rate 13.98%
Value from Last Month 2.30%
Change from Last Month 8.70%
Value from 1 Year Ago 2.20%
Change from 1 Year Ago 13.64%
Frequency Monthly
Unit Percent
Adjustment Not Seasonally Adjusted
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Historical Data

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Date Value
October 31, 2024 2.50%
September 30, 2024 2.30%
August 31, 2024 2.20%
July 31, 2024 3.10%
June 30, 2024 2.90%
May 31, 2024 2.40%
April 30, 2024 1.90%
March 31, 2024 1.90%
February 29, 2024 2.10%
January 31, 2024 2.00%
December 31, 2023 1.70%
November 30, 2023 1.80%
October 31, 2023 2.20%
September 30, 2023 2.20%
August 31, 2023 2.30%
July 31, 2023 2.20%
June 30, 2023 2.10%
May 31, 2023 1.90%
April 30, 2023 1.30%
March 31, 2023 1.70%
February 28, 2023 1.90%
January 31, 2023 2.10%
December 31, 2022 1.70%
November 30, 2022 1.70%
October 31, 2022 1.90%
Date Value
September 30, 2022 1.80%
August 31, 2022 2.00%
July 31, 2022 1.90%
June 30, 2022 2.10%
May 31, 2022 2.10%
April 30, 2022 1.80%
March 31, 2022 2.20%
February 28, 2022 2.30%
January 31, 2022 2.50%
December 31, 2021 2.10%
November 30, 2021 2.10%
October 31, 2021 2.40%
September 30, 2021 2.80%
August 31, 2021 3.20%
July 31, 2021 3.50%
June 30, 2021 3.70%
May 31, 2021 3.20%
April 30, 2021 3.20%
March 31, 2021 3.70%
February 28, 2021 3.60%
January 31, 2021 3.80%
December 31, 2020 4.20%
November 30, 2020 3.80%
October 31, 2020 4.20%
September 30, 2020 5.40%

Basic Info

Novi, MI Unemployment Rate is at 2.50%, compared to 2.30% last month and 2.20% last year. This is lower than the long term average of 3.76%.

Stats

Last Value 2.50%
Latest Period Oct 2024
Last Updated Nov 27 2024, 14:01 EST
Next Release Jan 3 2025, 10:30 EST
Long Term Average 3.76%
Average Growth Rate 13.98%
Value from Last Month 2.30%
Change from Last Month 8.70%
Value from 1 Year Ago 2.20%
Change from 1 Year Ago 13.64%
Frequency Monthly
Unit Percent
Adjustment Not Seasonally Adjusted
Download Source File Upgrade