Bay City, Michigan Unemployment
The BLS reported that the unemployment rate for Bay City fell 0.0 percentage points in January 2023 to 5.3%. For the same month, the metro unemployment rate was 1.0 percentage points higher than the Michigan rate. The unemployment rate in Bay City peaked in April 2020 at 24.2% and is now 18.9 percentage points lower. From a post peak low of 4.9% in April 2022, the unemployment rate has now grown by 0.4 percentage points. You can also compare Bay City unemployment with unemployment in other cities.
Unemployment Rate | January 2023 | Month/Month | Year/Year |
---|---|---|---|
National | 3.4% | -0.1 | -0.6 |
Michigan | 4.3% | 0.0 | -0.1 |
Bay City | 5.3% | 0.0 | 0.0 |
Unemployment Rate: Bay City, Michigan, National
Note: Recessions shown in gray.
Bay City, Michigan Unemployed
The number of people unemployed in Bay City peaked in April 2020 at 11,415. There are now 8,796 fewer people unemployed in the metropolitan area. From a recent trough of 2,378 in April 2022, the number of unemployed has now grown by 241. Bay City employment and jobs data (including jobs lost/gained in Bay City, Michigan) is also available.
Unemployed Persons | January 2023 | Month/Month | Year/Year |
---|---|---|---|
Bay City | 2,619 | +6 | +84 |
Number of Unemployed Persons
Bay City, Michigan Unemployment History
Date | National Unemployment Rate |
Michigan Unemployment Rate |
Bay City Unemployment Rate |
Bay City Unemployed |
---|---|---|---|---|
February 2023 |
3.6% | — | — | — |
January 2023 |
3.4% | 4.3% | 5.3% | 2,619 |
December 2022 |
3.5% | 4.3% | 5.3% | 2,613 |
November 2022 |
3.6% | 4.4% | 5.3% | 2,605 |
October 2022 |
3.7% | 4.4% | 5.3% | 2,567 |
September 2022 |
3.5% | 4.3% | 5.1% | 2,506 |
August 2022 |
3.7% | 4.3% | 5.1% | 2,470 |
July 2022 |
3.5% | 4.1% | 5.0% | 2,435 |
June 2022 |
3.6% | 4.0% | 5.0% | 2,439 |
May 2022 |
3.6% | 4.0% | 4.9% | 2,396 |
April 2022 |
3.6% | 4.0% | 4.9% | 2,378 |
March 2022 |
3.6% | 4.1% | 5.0% | 2,392 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩