In August of 2021 the unemployment rates for the State of Michigan remained steady from the previous months while the City of Detroit’s unemployment rate took a dip, following a slight increase the month prior. The State of Michigan reported an unemployment rate of 4.4 in August, which was just below the 5 percent unemployment rate reported in July. Since January of 2021 the State’s unemployment rate has not gone above 6.1 percent.
For the City of Detroit, the unemployment rate for August of 2021 was 8.4 percent, which is 1.7 points lower than the July unemployment rate and 10.8 points lower than the August 2020 rate.
Both data sets show that the unemployment rates in Michigan and Detroit are stabilizing to pre-pandemic rates.
The chart above shows unemployment rates beginning to level off and the chart below shows a deeper story—just how drastically unemployment rates have dropped in a year. Each county in Southeastern Michigan experienced an unemployment rate decrease between August of 2020 and August of 2021, with Wayne County experiencing the largest decrease at 8.5 points. In August of 2020 Wayne County had an unemployment rate of 13.3 percent and in August of 2021 it decreased to 4.8 percent. Monroe County had the smallest change in the last year with it recording an unemployment rate of 6.4 percent in August of 2020 and a rate of 5.2 percent in August of 2021. In August of 2021, Monroe County also had the highest unemployment rate regionally. Livingston County reported the lowest unemployment rate in August of 2021 at 2.4 percent while Washtenaw County reported the lowest unemployment rate in August of 2020 at 5.8 percent.