Detroit unemployment rate drops to record low in April
It’s the lowest rate in Detroit since the bureau first started reporting the data in 1990.
Detroit officials touted figures just released by the Bureau of Labor Statistics that show Detroit’s unemployment rate dropped to 4.2% last month.
That’s down from 5.8% in March and the lowest rate in Detroit since the bureau first started reporting the data in 1990.
Detroit Mayor Mike Duggan praises major automakers, Amazon and other companies for bringing thousands of new jobs to the city — and predicts new development projects breaking ground soon, such as the District Detroit expansion, will create more than 10,000 additional construction positions.
Read: State board approves $615M in tax incentives for District Detroit project
“We have not seen this level of opportunity in our city since the late 1940s or early 1950s where anyone who wanted to work could find a job,” Duggan said in a statement. “These new numbers show that when opportunity is available, Detroiters go to work.”
Detroit officials say the challenge now is finding and training workers for some of the new jobs available in the city.
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