January 25, 2022

Summary



Michigan Payroll Employment

Michigan added 10,800 net payroll jobs, or 0.3 percent, on a seasonally adjusted basis during December. In the prior month, Michigan added 13,700 jobs. Over the past twelve months, Michigan added 219,800 payroll jobs, or 5.5 percent. Michigan nonfarm payroll employment had increased in 11 of the past 12 months.

Nationally, nonfarm payrolls rose by 199,000 in December, or rose by 0.1 percent. Over the 12-month period ending with December, nonfarm payrolls rose by 6,448,000 jobs, or 4.5 percent. Michigan ranks 13th among the 50 states and the District of Columbia for percentage gain in nonfarm payroll employment over the past 12 months.

During December, Michigan’s private-sector added 10,300 jobs, or approximately 0.3 percent. The private-sector in Michigan added 11,700 jobs in the prior month. Over the past twelve months, private-sector payrolls in Michigan added 195,700, or 5.6 percent. Michigan private-sector payroll employment has increased in 10 of the past 12 months.

Nationally, private-sector payroll jobs rose by 211,000 jobs in December, or 0.2 percent. Over the past 12 months, the national payroll rose by 5,996,000 jobs in the private sector, or 5 percent. Michigan is tied for 15th among the 50 states and the District of Columbia for a percentage gain in private-sector payroll employment over the past 12 months.

The best performing sectors on a seasonally adjusted basis during December were Professional and Business Services (8,800) and Trade, Transportation, and Utilities (4,700). The poorest performing sectors during the month were Construction (-900) and Leisure and Hospitality (-3,600).

The best performing sectors during the last twelve months were Leisure and Hospitality (101,000) and Professional and Business Services (40,700). The poorest performing sectors during the last twelve months were Financial Activities (1,300) and Mining and Logging (300).



Michigan Labor Force Statistics

Labor Force Participation

The labor force participation rate in Michigan remained unchanged at 59.5 percent in December . At a labor force participation rate of 59.5 percent, Michigan ranks 41st in the nation. The labor force participation rate in Michigan fell by 1.2 percentage points from a year earlier. 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 10-year high for the labor force participation rate in Michigan was 62 percent last occurring in October 2019. The series high for the labor force participation rate in Michigan last occurred in May 2000 when the labor force participation rate hit 68.8 percent. The 10-year low for the labor force participation rate was 57.4 percent in April 2020. This also represents the series low for the labor force participation rate in Michigan.

The national labor force participation rate remained steady at 61.9 percent in December. That rate rose by 0.4 percentage point from a year earlier. The all-time high for the national labor force participation rate was 67.3 percent in April 2000. The 10-year high for the national labor force participation rate was 63.8 percent in October 2012. The recent 10-year low occurred in April 2020 at a level of 60.2 percent. The series low for the national labor force participation rate was 58.1 percent in December 1954.

Employment-to-Population Ratio

The employment-to-population ratio, or the percentage of the Michigan civilian noninstitutionalized population 16 years and older counted as employed, in December rose to 56.2 from 56 percent in the prior month. At 56.2 percent, Michigan ranks 42nd among state employment-to-population ratios in the nation. The employment-to-population ratio in Michigan rose by 0.5 percentage point from a year earlier.

The 10-year high for the employment-to-population ratio in Michigan was 59.5 percent last occurring in December 2019. The series high for the employment-to-population ratio in Michigan last occurred in March 2000 when the employment-to-population ratio hit 66.6 percent. The 10-year low for the employment-to-population ratio was 43.8 percent in April 2020. This also represents the series low for the employment-to-population ratio in Michigan.

The national employment-to-population ratio rose by 0.2 percentage point over the month to 59.5 percent in December. That rate rose by 2.1 percentage points from a year earlier. The all-time high for the national employment-to-population rato was 64.7 percent in April 2000. The 10-year high for the national employment-to-population ratio was 61.2 percent in February 2020. The recent 10-year low occurred in April 2020 at a level of 51.3 percent. The series low for the employment-to-population ratio was 51.3 percent in April 2020.