Department of Numbers

Saginaw, Michigan Unemployment

The BLS reported that the unemployment rate for Saginaw fell 0.1 percentage points in September 2023 to 5.1%. For the same month, the metro unemployment rate was 1.2 percentage points higher than the Michigan rate. The unemployment rate in Saginaw peaked in April 2020 at 25.3% and is now 20.2 percentage points lower. You can also compare Saginaw unemployment with unemployment in other cities.

Unemployment Rate September 2023 Month/Month Year/Year
National 3.8% 0.0 +0.3
Michigan 3.9% +0.2 -0.4
Saginaw 5.1% -0.1 -0.6
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2023 data as October 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 20,219. There are now 15,841 fewer people unemployed in the metropolitan area. From a recent trough of 4,376 in August 2023, the number of unemployed has now grown by 2. Saginaw employment and jobs data (including jobs lost/gained in Saginaw, Michigan) is also available.

Unemployed Persons September 2023 Month/Month Year/Year
Saginaw 4,378 +2 -301

Number of Unemployed Persons

Saginaw, Michigan Unemployment History

Date National
Unemployment Rate
Michigan
Unemployment Rate
Saginaw
Unemployment Rate
Saginaw
Unemployed
October
2023
3.9% 4.1%
September
2023
3.8% 3.9% 5.1% 4,378
August
2023
3.8% 3.7% 5.2% 4,376
July
2023
3.5% 3.6% 5.2% 4,415
June
2023
3.6% 3.6% 5.4% 4,546
May
2023
3.7% 3.7% 5.5% 4,633
April
2023
3.4% 3.8% 5.6% 4,682
March
2023
3.5% 4.1% 5.8% 4,843
February
2023
3.6% 4.3% 5.8% 4,771
January
2023
3.4% 4.3% 5.7% 4,707
December
2022
3.5% 4.3% 5.7% 4,704
November
2022
3.6% 4.4% 5.7% 4,714

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.