Michigan Unemployment Rate 4.9 for
Michigan Unemployment Rate came in at 4.9 (Percent) for Jul 2026, down 2.00% from 5 the prior month and 0.00% above its level of 4.9 one year ago. The series has averaged 7.54 since 1976, reaching a record high of 22.7 in April 2020 and a record low of 3.2 in February 2000.
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<iframe src="https://marketxls.com/embed/indicators/michigan-unemployment-rate" width="100%" height="460" frameborder="0" title="Michigan Unemployment Rate chart"></iframe><p style="font:12px/1.4 sans-serif;margin:4px 0 0"><a href="https://marketxls.com/indicators/michigan-unemployment-rate" rel="nofollow">Michigan Unemployment Rate chart - MarketXLS</a></p>Historical Data
⋮ | ⋮ |
|---|---|
| July 1, 2026 | 4.9 |
| June 1, 2026 | 5 |
| May 1, 2026 | 5.1 |
| April 1, 2026 | 5 |
| March 1, 2026 | 5 |
| February 1, 2026 | 5 |
| January 1, 2026 | 5 |
| December 1, 2025 | 5 |
| November 1, 2025 | 5 |
| September 1, 2025 | 4.9 |
| August 1, 2025 | 4.9 |
| July 1, 2025 | 4.9 |
| June 1, 2025 | 5 |
| May 1, 2025 | 5.1 |
| April 1, 2025 | 5.2 |
| March 1, 2025 | 5.3 |
| February 1, 2025 | 5.3 |
| January 1, 2025 | 5.3 |
| December 1, 2024 | 5.3 |
| November 1, 2024 | 5.2 |
⋮ | ⋮ |
|---|---|
| March 1, 2001 | 4.7 |
| February 1, 2001 | 4.5 |
| January 1, 2001 | 4.4 |
| December 1, 2000 | 4.2 |
| November 1, 2000 | 4 |
| October 1, 2000 | 4 |
| September 1, 2000 | 3.9 |
| August 1, 2000 | 3.9 |
| July 1, 2000 | 3.8 |
| June 1, 2000 | 3.7 |
| May 1, 2000 | 3.6 |
| April 1, 2000 | 3.4 |
| March 1, 2000 | 3.3 |
| February 1, 2000 | 3.2 |
| January 1, 2000 | 3.3 |
| December 1, 1999 | 3.4 |
| November 1, 1999 | 3.5 |
| October 1, 1999 | 3.6 |
| September 1, 1999 | 3.6 |
| August 1, 1999 | 3.7 |
About Michigan Unemployment Rate
What it measures
FRED series MIUR presents Michigan's unemployment rate, a monthly, seasonally adjusted estimate from the BLS Local Area Unemployment Statistics program. Michigan is the historic home of the US auto industry, with Detroit-area assembly plants, a dense parts supplier network, and engineering centers making vehicle production the state's defining economic driver.
Why it matters
No state series is more tightly linked to the auto cycle. When vehicle sales slow or plants idle, Michigan's rate responds fast and hard, historically swinging more than the national average through recessions. It serves as a real-time gauge of consumer durable demand, auto credit conditions, and the industry's ongoing powertrain transition.
How to read it
Judge the figure relative to the national unemployment rate; Michigan tends to overshoot in downturns and recover strongly in expansions. Temporary layoffs during model changeovers and strike activity can spike the rate without signaling lasting damage. Sustained increases alongside falling vehicle production are the combination that warrants concern.
Frequently Asked Questions
What is the current Michigan Unemployment Rate?
Michigan Unemployment Rate is 4.9 (Percent) as of July 2026.
What is the all-time high and low of Michigan Unemployment Rate?
The highest value on record is 22.7 (April 2020) and the lowest is 3.2 (February 2000).
How often is Michigan Unemployment Rate updated?
Michigan Unemployment Rate is published on a monthly basis, sourced from Federal Reserve Economic Data (FRED).
Stats
| Last Value | 4.9 |
| Latest Period | Jul 2026 |
| Last Updated | August 26 2026, 04:13 |
| Value Previous Month | 5 |
| Change From Previous Month | -2.00% |
| Value 1 Year Ago | 4.9 |
| Change From Year Ago | 0.00% |
| Average Growth Rate | -1.38%/yr |
| Record High (Apr 2020) | 22.7 |
| Record Low (Feb 2000) | 3.2 |
| Long-Term Average | 7.54 |
| Frequency | Monthly |
| Adjustment | Seasonally Adjusted |
| Unit | Percent |
Annual Averages
| 2026 | 5 |
| 2025 | 5.08 |
| 2024 | 4.68 |
| 2023 | 3.9 |
| 2022 | 4.15 |
| 2021 | 5.69 |
| 2020 | 10.07 |
| 2019 | 4.08 |
| 2018 | 4.17 |
| 2017 | 4.58 |
| 2016 | 4.99 |
| 2015 | 5.42 |
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