FOR IMMEDIATE RELEASE October 30, 2024 Contact: [email protected]
Gov. Whitmer Announces 27,000 New Jobs Added in Fiscal Year 2024 Construction sector reaches 20-year high with 200,000 employed, labor participation rate at highest level since 2009
LANSING, Mich. – Today, Governor Gretchen Whitmer highlighted recently released state data showing the state of Michigan added 27,000 jobs in Fiscal Year 2024, reflecting the strong underlying economy.
“Michiganders are rolling up their sleeves to build more homes, fix the damn roads, and drive our economy forward,” said Governor Whitmer. “Today, we celebrate the addition of 27,000 new jobs in Michigan over the past year as we continue bringing home manufacturing jobs, repairing our infrastructure, and supporting main street small business. Together, we will continue helping entrepreneurs invest and expand in Michigan, lower costs on the kitchen-table priorities for working families, and help our workers get the education and skills they need to get even better-paying jobs. Let’s keep our foot on the accelerator and build a brighter future.”
Statistical data provided by the Michigan Department of Technology, Management and Budget (DTMB) indicated the construction sector was up 6.6% for the year -- the strongest growth of any sector -- adding 13,000 jobs. Michigan has had more than 200,000 people working in construction since March, a level not previously reached in more than 20 years.
Other data released from DTMB noted that Michigan’s unemployment rate is a strong 4.5%. More importantly, Michigan’s labor force participation rate -- the share of Michiganders in the workforce -- went above 62 percent in June 2023 and has stayed at that level since, the best readings since 2009.
In addition to working more, Michiganders are making more. Average hourly wages for Michigan manufacturing workers are up 5% from since last September, growing twice the rate of inflation. Total private sector hourly wages are up 4.2% year over year.
Investing in Michigan’s Economy Governor Whitmer is focused on growing Michigan’s economy, bringing home supply chains of cars, chips, and clean energy and ensuring every community can thrive.
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