Detroit forecast to see faster jobs recovery than Michigan overall

The inside of the new Stellantis Detroit Assembly Complex - Mack plant, as seen on June 10, 2021.

The city of Detroit is recovering faster from the COVID-19 pandemic than many once anticipated and is forecast to see faster jobs growth than Michigan overall although employment in services sectors like hotels could lag for years, according to a new economic outlook released Monday by University of Michigan economists.

The unemployment rate for Detroit residents was 8.5% in June, or about 3% below its pre-pandemic level. That compares to the state’s overall 5% rate in June. Detroit’s unemployment rate averaged 22% in 2020 and peaked at nearly 39% in May 2020.

The U-M outlook, which extends to 2026, anticipates total employment for jobs that are located in Detroit to recover to its pre-pandemic level by the third quarter of 2022 and continue growing, thanks to several big projects:

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