Tag Archives: Unemployment

State’s jobless rate drops to 5.6 percent


Michigan’s unemployment rate has dropped to 5.6%. That decline in the monthly rate is mostly due to fewer people in the workforce competing for jobs. But the rate is down two points from where it was a year ago. And that is because more people are working. Continue reading

Michigan jobless rate drops to 7.5 percent

Michigan’s unemployment rate dropped slightly last month to seven and a half percent.

It marks the seventh month in a row the rate has declined, and its lowest point since April of 2008.

The jobless rate is a little more than one percent below where it was a year ago, and outpaced the improvement in the national rate over the same period.

Over the past 12 months, employment grew in the manufacturing, high-tech, and hotel-and-restaurant sectors.

There were job losses in the government and financial sectors.

The overall drop in statistical unemployment in Michigan has been slowed somewhat by people re-joining the workforce to compete for jobs.

Also, when people who have stopped looking for work, as well as part-time workers who’d like to be full-time, are added the mix, Michigan’s rate of unemployment and under-employment is 15-point-two percent.

Michigan unemployment rate remains at 9 percent

Michigan is adding jobs, but the state’s unemployment rate remains stuck at 9 percent as more people compete for available positions. That’s according to the latest jobless numbers from the Michigan Bureau of Labor Market Information and Strategic Initiatives.
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