Department of Numbers

Saginaw, Michigan Unemployment

The BLS reported that the unemployment rate for Saginaw fell 0.1 percentage points in January 2023 to 5.9%. For the same month, the metro unemployment rate was 1.6 percentage points higher than the Michigan rate. The unemployment rate in Saginaw peaked in April 2020 at 25.4% and is now 19.5 percentage points lower. From a post peak low of 5.6% in April 2022, the unemployment rate has now grown by 0.3 percentage points. You can also compare Saginaw 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
Saginaw 5.9% -0.1 -0.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2023 data as February metro level unemployment data has not yet been released.

Unemployment Rate: Saginaw, Michigan, National

Saginaw, Michigan monthly unemployment rate chart

Note: Recessions shown in gray.

Saginaw, Michigan Unemployed

The number of people unemployed in Saginaw peaked in April 2020 at 20,137. There are now 15,257 fewer people unemployed in the metropolitan area. From a recent trough of 4,587 in April 2022, the number of unemployed has now grown by 293. Saginaw employment and jobs data (including jobs lost/gained in Saginaw, Michigan) is also available.

Unemployed Persons January 2023 Month/Month Year/Year
Saginaw 4,880 -40 +36

Number of Unemployed Persons

Saginaw, Michigan Unemployment History

Date National
Unemployment Rate
Michigan
Unemployment Rate
Saginaw
Unemployment Rate
Saginaw
Unemployed
February
2023
3.6%
January
2023
3.4% 4.3% 5.9% 4,880
December
2022
3.5% 4.3% 6.0% 4,920
November
2022
3.6% 4.4% 5.9% 4,896
October
2022
3.7% 4.4% 5.9% 4,837
September
2022
3.5% 4.3% 5.8% 4,770
August
2022
3.7% 4.3% 5.7% 4,714
July
2022
3.5% 4.1% 5.7% 4,654
June
2022
3.6% 4.0% 5.7% 4,676
May
2022
3.6% 4.0% 5.6% 4,605
April
2022
3.6% 4.0% 5.6% 4,587
March
2022
3.6% 4.1% 5.7% 4,604

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.