Level Chart

Basic Info

Novi, MI Unemployment Rate is at 2.40%, compared to 1.90% last month and 1.90% last year. This is lower than the long term average of 3.77%.

Stats

Last Value 2.40%
Latest Period May 2024
Last Updated Jul 3 2024, 13:34 EDT
Next Release Jul 30 2024, 10:30 EDT
Long Term Average 3.77%
Average Growth Rate 13.80%
Value from Last Month 1.90%
Change from Last Month 26.32%
Value from 1 Year Ago 1.90%
Change from 1 Year Ago 26.32%
Frequency Monthly
Unit Percent
Adjustment Not Seasonally Adjusted
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Historical Data

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Date Value
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%
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%
Date Value
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%
August 31, 2020 6.20%
July 31, 2020 8.50%
June 30, 2020 10.40%
May 31, 2020 13.90%
April 30, 2020 13.50%

Basic Info

Novi, MI Unemployment Rate is at 2.40%, compared to 1.90% last month and 1.90% last year. This is lower than the long term average of 3.77%.

Stats

Last Value 2.40%
Latest Period May 2024
Last Updated Jul 3 2024, 13:34 EDT
Next Release Jul 30 2024, 10:30 EDT
Long Term Average 3.77%
Average Growth Rate 13.80%
Value from Last Month 1.90%
Change from Last Month 26.32%
Value from 1 Year Ago 1.90%
Change from 1 Year Ago 26.32%
Frequency Monthly
Unit Percent
Adjustment Not Seasonally Adjusted
Download Source File Upgrade