November 2024 | Released December 19, 2024

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United States Employment Snapshot

• In November, among the 50 states and the District of Columbia unemployment fell in 6, rose in 25, and remained unchanged in 20.

• The highest unemployment rate was 5.7 percent in Nevada, and the lowest was 1.9 percent in South Dakota. Nationally, the unemployment rate rose by 0.1 percentage point to 4.2 percent.

• In November, payroll jobs rose in 39 states and fell in 12. The largest payroll job percent increase was 0.9 percent in Washington. The largest payroll job percent decline was 0.3 percent in Vermont.

Michigan Employment Snapshot

• In November, Michigan added 6,500 net payroll jobs and the unemployment rate rose by 0.2 percentage point to 4.8 percent. In the prior month, Michigan added 3,600 net payroll jobs.

• Over the past 12 months, Michigan added 53,200 net payroll jobs and the unemployment rate rose by 0.7 percentage points from 4.1 percent.

• Nationally, nonfarm payrolls rose by 227,000 in November, or 0.1 percent. Michigan is tied for 33rd in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• In November, Michigan’s private sector added 4,900 net private payroll jobs, and over the past 12 months it added 33,800 private payroll jobs. In the prior month, Michigan added 2,400 net private payroll jobs.

• In November, employment in Michigan fell by 7,355, and over the past 12 months it fell by 26,444.

• Michigan’s labor force participation rate remained steady at 62.2 percent in November and ranks 32nd in the nation. In the past 12 months, the labor force participation rate has fallen by 0.1 percentage points.

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Michigan Payroll Employment

• Michigan added 6,500 net payroll jobs, or 0.1 percent, on a seasonally adjusted basis during November. In the prior month, Michigan added 3,600 jobs. Michigan nonfarm payroll employment has increased in 8 of the past 12 months.

• Nationally, nonfarm payrolls rose by 227,000 in November, or 0.1 percent. Michigan is tied for 33rd in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• Michigan added 4,900 private sector jobs, or 0.1 percent. on a seasonally adjusted basis during November. In the prior month, Michigan added 2,400 jobs. Michigan private sector payroll employment has increased in 8 of the past 12 months.

• Nationally, private sector payroll jobs rose by 194,000 jobs in November, or 0.1 percent. Michigan is tied for 37th in the nation for percentage gain in private sector payroll employment over the past 12 months.

• The best performing sectors on a seasonally adjusted basis during November were Leisure and Hospitality (2,700) and Government (1,600).

• The poorest performing sectors during the month were Mining and Logging (0) and Trade, Transportation, and Utilities (-1,600).

• The best performing sectors during the last 12 months were Government (19,400) and Construction (14,800).

• The poorest performing sectors during the last 12 months were Professional and Business Services (-800) and Manufacturing (-7,800).

Michigan Labor Force

The labor force participation rate is the percentage of the civilian noninstitutionalized population age 16 and older who are employed or actively looking for work.

• The labor force participation rate in Michigan remained unchanged at 62.2 percent in November.

• Michigan ranks 32nd in the nation.

• The 10-year high for the labor force participation rate in Michigan was 62.4 percent in July 2024, and the 10-year low was 56.6 percent in April 2020.

• The national labor force participation rate fell by 0.1 percentage points to 62.5 percent in November.