Michigan Is 2021’s 9th Worst State for Jobs

Employment is on the rise but the employment rate remains low. The unemployment rate jumped in April 2020 to a level not seen since the 1930s — and still stood at 5.8 percent in May 2021, compared with 3.5 percent in February 2020. The official unemployment rate, however, understates current job losses.

While the economy has added jobs in recent months, there were still 7.6 million fewer jobs in May 2021. The majority of jobs lost in the crisis have been in industries that pay low average wages, with the lowest-paying industries accounting for 30 percent of all jobs.

With the economy gaining 559,000 jobs in May, picking up steam after last month’s disappointing numbers, the personal-finance website WalletHub today released its report on 2021’s Best & Worst States for Jobs.

To ease the process of finding employment for job seekers, they compared the 50 states across 35 key indicators of job-market strength, opportunity and economic vitality. The data set ranges from employment growth to median annual income to average commute time.

Finding a Job in Michigan (1=Best; 25=Avg.):

• 26th – Job Opportunities
• 40th – Employment Growth
• 25th – Unemployment Rate
• 23rd – Avg. Commute Time (in Minutes)
• 41st – Job Satisfaction
• 48th – COVID-19 Positive Tests in the Past Week per Capita

For the full report, please visit:

https://wallethub.com/edu/best-states-for-jobs/35641