University of Michigan: Detroit Unemployment Sits at 25%-lower Than Pandemic Peak, Twice Pre-Pandemic Rate
August 31, 2021
August 31, 2021
ANN ARBOR, Michigan, Aug. 31 (TNSRep) -- The University of Michigan issued the following news release:
Detroit's unemployment rate--the proportion of working-age adults in the labor force but not currently employed--has held steady around 25% since fall 2020, according to data just released from a University of Michigan survey.
While the current unemployment rate is more than twice what it was prior to the pandemic (11%), it has fallen considerably from its peak of . . .
Detroit's unemployment rate--the proportion of working-age adults in the labor force but not currently employed--has held steady around 25% since fall 2020, according to data just released from a University of Michigan survey.
While the current unemployment rate is more than twice what it was prior to the pandemic (11%), it has fallen considerably from its peak of . . .