Michigan unemployment rate

Michigan unemployment rate Chart

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Date Value
01/03/2022 4,40
01/02/2022 4,70
01/01/2022 4,90
01/12/2021 5,10
01/11/2021 5,20
01/10/2021 5,40
01/09/2021 5,70
01/08/2021 6,00
01/07/2021 6,20
01/06/2021 6,30

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Michigan unemployment rate

Michigan unemployment rate Statistics

Click here to explore the methodology used for estimating the Unemployment Rate in Michigan signals presented in the statistics table below.

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update

Michigan Economic News Stream

Michigan Macroeconomic Indicators

Indicator Actual Previous M/M% Y/Y% Trend ZS5Y Trend Update
Unemployment Rate in Michigan 4.9 5.1 -0.0392157 -0.792373 -1.0 0.0166667 2021-04-01
Build Permits Michigan 2043.49 2398.86 -0.148141 2.05722 1.0 1 2021-04-01
Initial Jobless Claims Michigan 12865 11201 0.148558 0.129202 -1.0 0.65 2021-05-29
Leading Index Michigan 2.58 1.03 1.50485 -9.0625 1.0 0.0166667 2020-02-29
Total Gross Domestic Product Michigan 528238 524828 0.00649737 0.0384077 1.0 0 2020-10-01
Regional Price Parities: All Items for Michigan 92.3 92.3 0 0 Down 0 2021-01-13
Real Per Capita Personal Income for Michigan 48769 48028 1.54 0 UP 0 2021-01-13
All-Transactions House Price Index for Michigan 370.21 361.79 2.33 16.86 UP 100 2021-01-13
Coincident Economic Activity Index for Michigan 121.22 120.28 0.0078151 0.709009 1.0 1 2021-04-01
Real Trade-Weighted Value of the dollar for Michigan 110.817 109.707 0.0101179 -0.0713711 -1.0 0.0333333 2021-03-01

Michigan unemployment rate analysis

Unemployment Rate in Michigan trend

Unemployment Rate in Michigan trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the Unemployment Rate in Michigan has recorded new highs or lows. Unemployment Rate in Michigan trend change is assumed when the specific indicator has recorded a 3-month high / low or more.

Unemployment Rate in Michigan momentum

Unemployment Rate in Michigan momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.