Monroe County in Michigan followed the statewide seasonal trend as its unemployment rate rose to 5.2% in January from 4.1% in December 2022. All Michigan counties experienced an increase in jobless rates between December and January, with a median increase of 1.2 percentage points, with jobless rates rising in 58 Michigan counties over the year. The state’s overall jobless rate rose to 4.8% in January, up from 3.8% in December 2022. The largest over-the-month employment losses occurred in trade, transportation, and utilities, down 18,000, government, down 15,000, and professional and business services, down 8,000. Michigan’s labor market is expected to continue to grow, with Monroe County being among the regions that saw labor force growth from December 2022 to January 2023.
Monroe County’s unemployment rate increased to 5.2% in January, following the statewide seasonal trend, as per the data released by the Michigan Department of Technology, Management & Budget. In December, the unemployment rate was 4.1%. This increase was typical as Michigan’s regional labor markets saw a surge in unemployment rates in January. The state’s overall jobless rate rose to 4.8% from 3.8% in December.
The January 2023 rate for Monroe County was higher than the rate in January 2022 when it was 4.9%. All Michigan counties experienced an increase in jobless rates between December and January, with a median increase of 1.2 percentage points. Jobless rates rose in 58 Michigan counties over the year. Looking at the neighboring Michigan counties, Lenawee County’s jobless rate went from 4.1% to 5%, Washtenaw County’s rate went from 3% in December to 3.5% in January, and Wayne County’s rate rose from 4% to 5%.
In January 2023, there were 3,836 Monroe County residents classified as unemployed compared to 3,035 in December 2022. According to state data, 70,573 were considered employed in January, down from 70,852 in December. Monroe County was among the 15 regions in the state that saw labor force growth from December to January, reaching 74,409 people. It was 73,887 in December and 73,451 in January 2022. Sixteen Michigan labor market areas experienced labor force advances over the year, with a median increase of 2%.
According to the monthly survey of employers, Michigan’s nonfarm employment dropped by 70,000, or 1.6%, over the month. The largest over-the-month employment losses occurred in trade, transportation and utilities, down 18,000; government, down 15,000; and professional and business services, down 8,000.
In summary, Michigan’s unemployment rate rose in January 2023, in line with the seasonal trend, with Monroe County’s rate jumping to 5.2% from 4.1% in December 2022. This rise in jobless rates was typical for the state, as all Michigan counties showed an uptick in unemployment rates between December and January.
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