Detroit’s monthly unemployment rate has reached its lowest point in 33 years, as the city continues to experience a downward trend in joblessness. According to the U.S. Bureau of Labor Statistics, the city’s April unemployment rate stood at 4.2%, marking the third consecutive decrease this year.
Mayor Mike Duggan’s office celebrated the milestone on Wednesday, highlighting the significant progress made in reducing unemployment. The April figure is a significant improvement from the 5.8% recorded in March. Notably, the previous record low unemployment rate for the city was 5.4% in April 2000, according to the Bureau of Labor Statistics.
In comparison, the unemployment Rate in St. Clair County was 3.3% in March of 2023, according to the United States Federal Reserve.
The declining unemployment rate in Detroit signifies increased job opportunities and economic growth, reflecting the city’s ongoing revitalization efforts.
Reporting for WGRT – Choze Powell
