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Its metropolitan area major economic indicators still look brutal. Its peak unemployment rate was almost 24% during COVID when its labor force participation rat
by esbranson 6mo ago
Its metropolitan area major economic indicators still look brutal. Its peak unemployment rate was almost 24% during COVID when its labor force participation rate went to 43.5%. That means only 33% of adults were employed in periods during COVID...
Now it is closer to 46.6% of adults working. That's the best of times for the Detroit area.